2018 FIFA World Cup: $400 Million Prized Announced

FIFA said on Friday that the 32 national teams competing at the 2018 FIFA World Cup will share $400m in prize money. It will be a 12 percent increase from the 2014 tournament. The purse at the 2014 World Cup in Brazil was $358m. Champions Germany received $35m of the $358 million. Runners-up Argentina pocketed $25 million of the proceedings.

By contrast, countries who failed to advance beyond the group stage received $8 million. The world football’s governing body also approved a decision to enhance the bidding regulations for the 2026 World Cup. They also appointed members of the bid evaluation task force. The council met in Kolkata to discuss the same. FIFA confirmed the dates for upcoming FIFA tournaments, including next year’s Club World Cup and the 2019 Women’s World Cup. The 2018 Club World Cup will run from December 12 to 22. The 2019 Women’s World Cup will commence on June 7. The 2019 Women’s finals wrap up on July 7.

President Gianni Infantino said “We want the bidding process to be bullet proof. So the criteria is more stringent for bidding,” According to the bidding regulations, the Task Force must be composed of the chairpersons of the Audit & Compliance Committee and the Governance Committee — in this case, Tomaž Vesel and Mukul Mudgal respectively — as well as a member of the Organising Committee for Competitions (Ilco Gjorgioski was appointed), together with experts from the administration: Deputy Secretaries General Zvonimir Boban (football) and Marco Villiger (administration).

The 2018 FIFA World Cup will be hosted by Russia and already 32 teams including host nation Russia have qualified. Meanwhile, the U17 FIFA World Cup will be concluding today. Tonight, England and Spain will battle to be crowned FIFA U17 World Champions.