FIFA has confirmed that the winner of the inaugural edition of the new-format Club World Cup could earn a staggering $125 million in prize money.
Fédération Internationale de Football Association (FIFA) President Gianni Infantino announced this in a statement on Wednesday.
The total prize pool for the tournament, set to take place from June 14 to July 13, is $1 billion.
FIFA has now outlined how the funds will be distributed among the 32 participating teams.
Each team will receive a portion of the $525 million allocated for participation, while an additional $475 million will be awarded based on performance. The champion, after playing seven matches, could secure a maximum of $125 million, including extra bonuses.
European clubs will receive the largest share of the prize money, ranging from $12.81 million to $38.19 million per team, depending on sporting and commercial factors.
South American teams will each receive $15.21 million for participating, while teams from North and Central America, the Caribbean, Asia, and Africa will be awarded $9.55 million each.
Auckland City, the sole representative from Oceania, will receive $3.58 million for competing in the tournament.
“The distribution model… represents the biggest prize money ever awarded to a competition comprising a group stage and a knockout phase.
“In addition to the prize money earmarked for the participating clubs, an unprecedented solidarity programme will be put in place with the aim of redistributing an additional $250 million to football around the world,” Infantino said.
Infantino also emphasized that all revenue generated from the tournament would be reinvested to support club football.
