The FIFA World Cup is topping all the right charts this year and one of them is having the highest payout ever recorded. The FIFA World Cup 2018 prize money pool is a whopping $791 million! Have you ever seen that much money? I don’t think anyone has. $400 million goes out to all the 32 teams participating in the tournament, dependent on which position they end up on ultimately. The champions will get a huge $38 million in their pocket while the rest of the money is divided into insurances for injured players ($134), club charges for sending their players to participate in the World cup ($209) and other such requirements.
FIFA World Cup 2018 Total Prize Money – $400 Million
This crazy FIFA World Cup 2018 prize money of $791 million goes up 40% than the last prize money back in 2014 which was $564. That’s an upgrade that no one will question aint it? Simply for taking part in the tournament each team will gain $1.5 million. Even those who got knocked in the group stage will get $ 8 million. The knockout losers will pocket $12 million while the quarterfinal runners up will be awarded $16 million. Those coming fourth get $22 million. The bronze medalists have $24milliom, while the cup runners up cash $28 million. Winners as previously mentioned will take home the cup, the fame and of course $38 million dollars! If that isn’t motivation to win, then I don’t know what is.
|STAGE||2018 WC PRIZE MONEY||2014 WC PRIZE MONEY|
|Preparation Fee for 32 qualified teams||$1.5 million each||$1 million each|
|Group Stage (16 eliminated teams)||$8 million each||$8 million each|
|Round of 16 (8 eliminated teams)||$12 million each||$9 million each|
|Quarterfinal (4 losing sides)||$16 million each||$14 million each|
|Fourth Place Team||$22 million||$18 million|
|Third Place Team||$24 million||$20 million|
|Runners-up||$28 million||$25 million|
|Winners||$38 million||$35 million|
|Player Insurance fee||$134 million||$100 million|
|player by player payments to parent clubs||$209 million||$170 million|
FIFA World Cup 2018 Prize Money Per Player
FIFA World Cup 2018 prize money holds quite the background if we run a check. Every tournament the prize money increases, whether it is due to the overall rocketing living standards or to create hype, we don’t know. The 2002 Cup held $154 million as prize money, which became $262 million in the next one. While 2010 cup bagged a handsome $420 million, this 2018 Cup takes the stake even higher.
FIFA World Cup 2018 Winner Prize Money
We can’t help but wonder; how does FIFA generate this much money? It is said that 85% of the money they make is from the World Cup itself. Every World cup gets boosted FIFA World Cup 2018 prize money, and this is because they earn so much too.
Coming to the money they actually make per event, it is not a surprise that they can pay so much FIFA World Cup 2018 prize money. The revenue from the 2014 cup alone was a striking $4.8 billion, while the input money was barely $2.7 billion. We’ll do the math for you; it’s a $2.1 billion profit in barely one month.
Let’s break down their revenue for a better understanding. The stadium lights cost $2..4 billion, the sponsors and advertisement took $1.5 billion while the tickets alone made up $550 million back. Despite the fact that expenses encompassed that $576 million in FIFA World Cup 2018 prize money & insurance payments for clubs, additional $370 million in television production, $470 million was capitalized to aid in establishing the 2014 world cup and an extra $100 million was tendered to Brazilian FA as “Legacy” imbursement. Huge percentage of the outstanding turnover will be devoted from place to place in the globe to ripen football and FIFA themself will merely retain $338 million in income. Consequently it’s simple to understand the reason behind FIFA augmenting the FIFA World Cup 2018 prize money to upkeep the game, the corporation and the legacy. It is without doubt, a game watched and loved by billions.