The most valuable and expensive World Cup ever will earn billions of dollars for FIFA, millions for the competing countries and thousands for the more than 700 players selected.
From the near $4.5 billion in revenue from broadcasters, sponsors, hospitality and licensing deals, FIFA distributes just over $400 million to the 32 national federations taking part in the tournament.
Here is how some of that money breaks down:
FIRST PRIZE
The winner in the final will get $35 million in prize money paid to its national federation, which can spend the money as it chooses.
That’s $5 million more than the $30 million Spain took home from South Africa four years ago.The runner up gets $25 million (up from $24 million in 2010), while the third- and fourth-place teams get $22 million and $20 million, respectively.
PLAYERS’ SHARE
FIFA lets national federations choose how to reward the 23 players on their squads.
The German federation last year promised all 23 players a 300,000-euro ($408,000) bonus for winning a fourth World Cup title.
That is the equivalent of a few weeks’ basic wage for the German players that are employed by wealthy European clubs like Arsenal, Bayern Munich and Real Madrid.
PRIZE POOL
Prize money for the other 28 federations eliminated before the semifinals stayed at the same level as in 2010.
Quarterfinalists get $14 million, round of 16 losers get $9 million and those that failed to advance from the group get $8 million.
How do they spend it? Four years ago, FIFA acknowledged it did not know if the $8 million paid to North Korea would stay within football there.
In addition, FIFA paid $1.5 million in advance to each of the 32 federations to prepare for the tournament — an increase of $500,000 from the 2010 tournament
That should have helped pay for training camps before arriving in Brazil and settle some players’ bonus issues that have traditionally dogged World Cup teams, especially from Africa.
PAY TO PLAY
As usual, problems over paying bonuses exposed the financial problems of African federations and a fundamental distrust many players have for elected football officials.
Three of the five African teams; Cameroon, Ghana and Nigeria; were distracted by payment issues.
Cameroon’s squad arrived a day late after refusing to board a plane, forcing their federation to take out a loan to ensure players got paid.
Ghana’s government flew in $3 million in cash — after Brazil’s government waived laws on moving currency — to avert a threatened strike by players who were reportedly promised between $75,000 and $100,000.
Nigerian players canceled a training session before its round of 16 loss against France to ensure their bonus payments were upheld. They were promised $10,000 each for every group stage win, and could have earned $102,500 in total for winning the title.
FIFA PROMISE
FIFA secretary general, Jerome Valcke, said it was “sad” that bonus issues distracted from the football.
He pledged that, in the future, FIFA will seek written agreements from federations that players are contracted to receive their money before arriving in Russia in 2018.
CLUBS’ SHARE
Clubs that released the 736 players taking part in the World Cup will also get their share of FIFA’s revenues.
FIFA has set aside $70 million to distribute at a rate of $2,800 per player per day that each was on World Cup duty. The money is shared between each player’s current club and; any other, he played for in the two previous years during qualification matches.culled
Ok.
ReplyDelete#seen#
DeleteChai see money... I will get there
DeleteAll ths money they are sharing - there is God ooOoooooooooooo
ReplyDeleteЂåª•ђåª•ђåª♒ ... don't mind them joor.
DeleteMy problem is not even the money they are sharing @Stella...my problem is, that German Goal keeper(Manuel Neuer), the guy was giving me the hypes - u know'...the was he colonized the whole box-18, runs out to even snatch ball from opponent feet sef was classic. That's my kinda guy o, so i was still admiring him on TV when 1 useless girl (probably his girlfriend) came out from the spectators side, jumped into d field and started hugging/taking selfies with him...e just break my heart sha.
DeleteHaaahaaa @Barbie you are a clown! My tummy is now aching with pains from laughing @ ur comment!
Delete"Cameroun, Ghana and Nigeria were distracted by payment issues", Africa I hail thee.
ReplyDeleteDo u mind them, africa is so money thirsty n greedy, never knew they are paid to appear n here they are finding it difficult to pay these boys. Smh
DeleteOk....good mornin err1 n av a good day/week
ReplyDeleteHey madam, good morning to you too. Hope your weekend was a blast.
DeleteIt was dear...how's your handsome prince? remember I don book tay tay o
DeleteGood morning my neighbours!!!
DeleteAbigail darlyn! I hail thee back.
Hope you had a beauriful weekend?
And no money for the viewers @ home.. not fair. Stella 2 think that u almst had HBP 4 ur country yesterday
ReplyDeleteVery interesting. These footballers are balling big time. Ekere na-enye money.
ReplyDeleteThe vast amounts of money generated by football...! Maybe I should start considering a career change #thinkingseriously!
ReplyDeleteO ga o my son must play football #thatisall
ReplyDeleteThanks for this post Stella, cos I've calculated and wondered how they go about the money. Unlike Kermit, this one is my business! Oh and btw Herzlichen Glückwunsch! I'm proud of Ozil, Poldoski and Mertesacker #GoonerGang!
ReplyDeleteNice
ReplyDeleteHahahahahaha, na real no money for the viewers @ home. Money dey football.
ReplyDelete#Memo to Chioma Edeme#
ReplyDeleteI didn't pay much attention to your birthday post till you dropped your nasty comment on Warebi's birthday post and I went to peruse yours. I've got NEWS FLASH for you: you are just THERE!!!!! Nothing "drooling" about you. Remove the log in your eyes before trying to remove the speck in another (Matthew 7:3).
sdk bouncer, my alobam
ReplyDeletecome forth biko, Germany case no reach for you to go on indefinite strike abeg.
xoxo
Lol...@pipi lee my dearest comrade!
DeleteOur greatest fear has turned to reality ooooooooo#Can'tWatch
Where do we run to now especially now N.Dr Agwoturube has sold his shrine???
#YourLegacyLivesOnProfDoraAkunyili*7/6/14
*Prayer For Nigeria in Distress x10 Daily*
a.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
God make me a footballer, thats all i ask of yu.....
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***CURRENTLY IN JUPITER***
Interesting
ReplyDeletewas wondering if Nigerian Players could also show love and affection the way the German players were doing to their family n girlfriends on national.
ReplyDeleteAbsolutely Impossicant
Who say money no good..
ReplyDelete