"It forms the bulk of a record $727m (544.8m) financial distribution that the governing body's council has approved as a result of the tournament. The winners of the event will receive $50m (37.4m), with the runners-up being awarded $33m (24.7m). Those who fail to progress beyond the group stage will get $9m (6.7m). In addition, each qualified team will receive $1.5m (1.1m) to cover preparation costs, meaning that all participating member associations are each guaranteed at least $10.5m (7.8m)."
"The announcement comes a day after Fifa introduced a small number of 45 tickets for all 104 matches at the World Cup following widespread criticism of its pricing structure for the tournament. The partial climbdown was welcomed by UK Prime Minister Sir Keir Starmer, but he also encouraged Fifa to do more to make tickets more affordable. Fifa's council also approved the establishment of a post-conflict recovery fund "in line with [its] objective of promoting football's unifying values."
""This financial instrument, which will be open to third-party contributions and be subject to strict oversight, will complement action already implemented under the Fifa Forward Programme and other Fifa initiatives.""
Fifa announced a 50% increase in World Cup prize money, forming the bulk of a record $727m financial distribution approved by its council. Winners will receive $50m and runners-up $33m, while teams eliminated in the group stage will receive $9m. Each qualified team will receive $1.5m for preparation, guaranteeing every participating member association at least $10.5m. The move followed criticism over ticket pricing and a partial release of 45 tickets for each of the 104 matches, welcomed but deemed insufficient by some leaders. The council also approved a post-conflict recovery fund open to third-party contributions and subject to oversight.
Read at www.bbc.com
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