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FIFA World Cup 2022 Prize Money Has Been Revealed

FIFA World Cup 2022 Prize Money
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Fifa has announced the FIFA world cup 2022 prize money, FIFA has increased this prize money up to 29% to 1$ billion.

440$ million from this amount will be distributed to the teams based on how they finished the world cup. The other 660$ million will be used for the security of players, low-developed leagues, and the club’s help.

Fifa World Cup 2022 Prize Money

As you know, every year, the budget increases from the previous because sponsors pay more after the 2018 world cup because sponsors’ prize worth will be increased, and it is indeed a highly payable tournament in the world.

FIFA has stated that a total of $1 billion would be assigned to football leagues from across the world that have qualified for the FIFA world cup and those who did not.

Hence, 440$ million are set for the final match which is 40$ million more than the last world cup final match.

Prize Money Distribution System

FIFA also informed how the world cup prize money 2022 will be divided up along with the release of the final prize money pool.

The prize money has divided into 4 payment segments:

Program Money
Fifa World Cup Prize Money 2022 440$ Million
Payments for preparation 70$ Million
Program for Club Benefits 310$ Million
Club security and insurance charges 220$ Million
Fifa signs 4 years agreements with different events for their sponsorships & TV broadcasting for making the prize money fund.
 
Fifa also signs for live streaming and big TVs for their all major competition, these things help to increase their revenue for prize money.

Prize Money For 2022 World Cup Final

Prize money for the FIFA World Cup is distributed among teams using 2 different payment structures.

1) Security Fee: This is a participation fee paid to every qualified nation.
2) Performance-Based Payments: The team will receive more prize money the higher their team finishes in the 2022 World Cup.

List of Prize Money for the 2022 World Cup

Round Prize Money
Champions $45 million
Runners-up $32 million
Third Place $26 million
Fourth Place $22 million
Quarterfinals Losing Team $16 million
Round of 16  $12 million
Group Stage 16 teams $8 million
Participation Fee (All teams) $2.5 million
Final winners may get up to $47.5 million, while teams eliminated in the group stage would receive an ensured $10.5 million.

Why FIFA 29% Increase the World Cup Prize Money

From 2108 to 2022, FIFA will desire these 4 years they earn more than 7.89$ billion. The 1$ billion from this total amount is set for the world cup prize money.
graph of fifa world cup prize money
From the previous world cup to this world cup the earnings of FIFA increase up to 29%. As the result, FIFA has increased the prize money for the upcoming world cup from 791$ million to 1$ billion.

World Cup Prize Money in Different Nations Currencies

The table that converts USD million to some of the most used currencies throughout the world is shown below:

Currency Million USD Equivalent
United States Dollar, $ (USD) 45$ Million
Pakistani Rupee (PKR) 10,834,195,500.00 
British Pound Sterling, £ (GBP) £41,442,187.50
Indonesian Rupiah (IDR) 680,044,500,000.00
Japanese Yen, ¥ (JPY) 6,451,942,500.00
Bangladeshi Taka (BDT) 4,668,781,500.00
Indian Rupee (INR) 3,656,497,500.00
Russian Ruble (RUB) 2,623,500,000.00
South African Rand (ZAR) $806,680,800
Saudi Riyal (SAR) 169,300,710.00
United Arab Emirates Dirham (AED) 165,289,500.00
New Zealand Dollar (NZD) $78,335,820.00
Australian Dollar, $ (AUD) $68,933,835.00
Singapore Dollar (SGD) 64,346,625.00
Canadian Dollar, $ (CAD) $61,213,050.00
Euro, € (EUR) € 46,441,350.00
Swiss Franc, Fr (CHF) 44,148,361.50
Kuwaiti Dinar (KWD) 13,947,750.00

FAQs

How Much Will the Winner Receive if They Win the 2022 World Cup Final?

$45 million will be paid to the team who wins the final. $32 million for runners-up.

What Are the Guaranteed Payments to Be Part of the World Cup?

yes. Every squad that makes it to the 2022 World Cup will get a guaranteed payment of $2.5 million.

Aqeel Ahmad
the authorAqeel Ahmad
Aqeel Ahmad is a passionate sports fan who enjoys reading and writing about the most recent sporting events taking place all around the world.

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