2022 FIFA World Cup : Prize Money Unveiled

FIFA has revealed the monetary rewards that the teams participating in the upcoming World Cup 2022 tournament will receive. The set financial prizes amount to $440 million. The winner is set to receive $42 million, whilst the runner-up will receive $30 million. Additionally, $27 million is reserved for third place and $25 million will be allocated to the fourth place winners. The FIFA prize money is in constant growth. This year’s tournament rewards mark a 29% increase from Russia 2018’s prize. Overall, this is an 80% jump since the World Cup in Brazil in 2014. There are 32 teams participating in the tournament, which is more teams than any other World Cup. Each team will be earning an extra few million at any stage of the competition. So far, a total of 29 countries including the hosts have been confirmed to be competing in the tournament. The remaining three will be announced in June. Qatar’s much anticipated World Cup will kick off on 21 November, at the iconic Al-Bayt Stadium in Al-Khor. The final match will take place on 18 December 2022 at the Lusail Stadium. According to Doha News, the fees for a participating team are $1.5 million. During the group stage, the amount will increase and go up to $9 million. The teams that reach...