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World Cup winners to net $35m

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05 Dec 2013 18:16:52

World Cup winners to net $35m

As the 32 teams qualified for next year's World Cup prepared to learn their fate in Friday's draw, FIFA said Thursday the champions of the 2014 tournament will claim $35m.

FIFA secretary general Jerôme Valcke also indicated that the runners-up would take home $25m.

Total money available for participating nations and clubs, who receive a total of $100m for making their players available, will be $576m, up from $420m at South Africa in 2010, Valcke said in unveiling a decision by FIFA's finance committee.

Spain won $31m for lifting the trophy in 2010.

The team finishing third will take home $22m with $20m on offer for fourth place while there will be a guaranteed minimum of $8m for a group stage knockout.

FIFA added it was launching a social fund to be administered by the Brazilian Football Confederation (CBF) to finance educational projects in a similar scheme to one it launched in South Africa.

FIFA said the 'legacy fund' for Brazilian football would open immediately with an injection of $20m in the form of either a trust or foundation to help develop grassroots football and also youth and educational projects.

"We are starting now, we are not waiting for the World Cup to be over to start," said Valcke.

Valcke and FIFA president Sepp Blatter indicated the legacy fund would ultimately top $100m.


AFP

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