What participants in 2018 FIFA World Cup stand to earn

What participants in  2018 FIFA World Cup stand to earn

What participants in 2018 FIFA World Cup stand to earn


In the last four years 209 teams/countries participated in 868 matches where 2,454 goals were scored to find out the 32 participants for the 2018 FIFA World Cup that runs from 14th June to 15th July 2018  in Russia.

Egypt, Morocco, Nigeria, Senegal and Tunisia will represent Africa with Kenya as usual having to cheer other nations.

The World Football governing body FIFA has set aside Ksh 80 Billion ( $791 million) for the 2018 FIFA World Cup as prize money pool, payments to clubs and player insurance fee. This is a record 40% increment compared 2014 World Cup where total contribution was Ksh 57 Billion ($564 million)

Out of the total money set aside, Ksh 40.45 Billion ($400 million) will be shared among the 32 participants depending on the level they reach during the completion.

From the Ksh 40.45 Billion for the teams, each participant will earn Ksh 809 Million for making it to thee group stages. The first two teams in each group qualify for the final 16 knock out stage that attracts Ksh 1.2 Billion as prize money.

From the sixteen team, eight will make it to the quarterfinals with each team attracting Ksh 1.6 Billion as reward.

The four semifinalists will lock horns to know which teams make it to the final .The two losers in the semi-finals will square out in the third and fourth place play off. The third finisher earns Ksh 2.4 Billion while the loser in the playoff goes home Ksh 2.2 Billion richer.

The team that wins the 2018 FIFA World Cup stands to pocket  a whooping Ksh 3.8 Billion as prize money with the first runners up taking home Ksh 2.2 billion.

Clubs that release their players for the World Cup will benefit from Club Benefit Programme totaling to  Ksh 21.1 Billion ($209 million). Ksh 13.5 Billion ($134 million) will be used to insure players who get injured during the 2018 FIFA World Cup.

All prize money will be paid after the tournament.

Imagine if Kenya qualified for the 2018 FIFA World Cup, a cool Ksh 800 Million would be alredy guaranteed plus millions flowing to the local clubs.

 

Position Prize (Per team) Total prize fund
Group stage $8m $128m
Last 16 $12m $96m
Quarter-finals $16m $64m
Fourth place $22m $22m
Third place $24m $24m
Runners-up $28m $28m
Winners $38m $38m
TOTAL - $400m

FIFA World Cup


Read more on : Commentary


Don't miss ...