2010 World Cup: Money Talks
FIFA World Cup is probably the biggest world event, attracting sponsors and businesses — even governments — to invest on the event. There are millions of dollars and Euros circulating in this year’s World Cup. Let’s take a look at some of the interesting facts about money involved in the World Cup.
FIFA claimed that there is an increase in the total prize money of this year’s World Cup when compared to the 2006 event. The event allocated a whopping $420 million of cash to the event, a generous 60% increase over last event’s budget. Each competing team received $1 million preparation money before the qualifying rounds began. The 32 teams that continued to the playoff were awarded $8 million each for further preparation.
The prize money is distributed gradually on each round. Every team that passes the playoff round and advances to Round of 16 will receive $9 million. The cash prize is doubled if the team progresses to the quarter-finals.
As you expected, the prize money continue to grow as each team progresses through the competition even further. Semi finalists will receive $20 million each; the cash prize allocated is noted to be the biggest so far. Runner-up would get $24 million, while the 2010 World Cup winner would receive $30 million.
This year, domestic teams will also be compensated if their players are joining the national team to compete at the World Cup. FIFA would be distributing €26 million to domestic clubs in compensation money for players.


12. Jan, 2010 