Argentina defeated France on Sunday in the 2022 FIFA World Cup. La albiceleste will therefore receive $42 million in prize money, while France will receive $30 million.
The FIFA Council confirmed in 2017 that the organization’s overall financial support for the 2018 World Cup would be around $791 million, an increase of 40% from the last competition in 2014.
Meanwhile, it was recently revealed by the FIFA Council that the champions, who will be crowned on Sunday, December 18, will get $42 million, which is $4 million more than France received for winning the 2018 World Cup.
Argentina will now receive more prize money than in any other World Cup in the tournament’s history thanks to the boost in funding.
The award money goes to the national FIFA association of each nation, according to the information Mandy News obtained from Time. These groups decide how the winnings will be divided and how much will be given to each player.
The value of the World Cup trophy is put at $20 million. The World Cup trophy is not kept by the winners permanently, but the prestige and attention gained from victory can result in lucrative contracts, corporate sponsorships, and advertising partnerships.
However, teams other than Argentina and France will also take home money from the World Cup. The minimum prize money for any team that made it to the group stage is $10 million, with another $2 million to “pay preparation costs.”
Here’s the breaks down of prize of FIFA world cup 2022:
The third-place play-off is usually regarded by the eliminated semi-finalists as a pretty pointless match, but those in charge are aware that it is worth an extra $2 million this year. The third-place team will receive $27 million, and the fourth-place squad will receive $25 million.
The eight teams that lost in the last-16 each received $13 million, while the four defeated quarterfinalists each received $17 million.
No matter how many points they earned in their three games, the 16 other countries who do not go through the World Cup’s group stage receive $9 million.
