FIFA To Give Out $9.5 Million Each To 32 Countries Participating In World Cup Including Nigeria

Date: 28-10-2017 9:50 am (6 years ago) | Author: Grace Garland
- at 28-10-2017 09:50 AM (6 years ago)
(m)

FIFA has confirmed that all the 32 teams that will participate at the 2018 World Cup in Russia, will be guaranteed $9.5million each.

The announcement was made following the approval by FIFA Council during its meeting held in Kolkata, India on Friday.

The money will however be paid at the conclusion of the tournament.

“As approved by the FIFA Council at its meeting in Kolkata on 27 October 2017, the total contributions for the participants of the 2018 FIFA World Cup will amount to USD 791 million, up 40 per cent compared to the previous edition in 2014.

“From this total, the biggest share –USD 400 million- will be paid as prize money to be distributed among the 32 participating teams. The winners will receive USD 38 million, while the runners-up will get USD 28 million and the third-place team USD 24 million. The minimum prize money for teams eliminated at the group stage will amount to USD 8 million each. The complete details can be consulted in this table. All prize money will be paid after the tournament.

“In addition, each qualified team will receive USD 1.5 million to cover preparation costs, which will be paid ahead of the competition. This means all teams are guaranteed at least USD 9.5 million each for their participation in the 2018 FIFA World Cup.

“Besides contributions paid to the participating teams, FIFA has already allocated USD 209 million for the Club Benefit Programme, which will be paid via the member associations to the clubs releasing players to the participating teams in the 2018 FIFA World Cup.

“Finally, USD 134 million have been earmarked for the Club Protection Programme, by which clubs are compensated for losses incurred due to players being injured while on international duty,” a statement on FIFA’s official website reads.

Posted: at 28-10-2017 09:50 AM (6 years ago) | Upcoming
- PenisNpussy at 28-10-2017 11:44 AM (6 years ago)
(m)
Good
Posted: at 28-10-2017 11:44 AM (6 years ago) | Newbie
Reply
- Wazubia at 28-10-2017 12:25 PM (6 years ago)
(m)
I HOPE AMAJU PINNICK WILL NOT STEAL IT.
Posted: at 28-10-2017 12:25 PM (6 years ago) | Gistmaniac
Reply
- chizzyG at 29-10-2017 12:20 AM (6 years ago)
(m)
hmmm as those Nff don see say those players need the worldcup badly,this 1.5m them go just pocket am tell the players say they never still recieve the money and promise them no worry they go pay am double after if they win the worldcup and Mikel Obi with his team mates go end up contributing money pay for where them go sleep for there,it happened b4 so it's not a new thing to hear.Nigerian government them dey do something worst than this Sad
Posted: at 29-10-2017 12:20 AM (6 years ago) | Upcoming
Reply
- Sniper101 at 29-10-2017 04:01 PM (6 years ago)
(m)
can someone pls find my football kit & bring it 2me...?

...I want 2go play for the Nigeria National team

[even if we'll still loose at the group stage; since we're grouped with nations like Germany, Brazil & Argentina]  Grin
Posted: at 29-10-2017 04:01 PM (6 years ago) | Gistmaniac
Reply
- kixme at 15-11-2017 11:23 AM (6 years ago)
(m)
 Roll Eyes Roll Eyes ::)make Nigeria no talk say the boys allowance get K-leg ooo...see am FIFFA don produce money for the world cup
Posted: at 15-11-2017 11:23 AM (6 years ago) | Gistmaniac
Reply
ReplyFollow
Login To Post Reply

Latest Updates

Drama As Actress, Toyin Abraham Ajeyemi Clashes With Area Boys On Movie Set (Video)

"Polygamy Is Allowed In Celestial Church, Our Prophets Can Marry Many Wives Like Our Founder" — Oshoffa's Son, Olatosho

Tragic Auto Crash Claims 19 Lives On Okene-Lokoja Highway

Police Apprehends Teenage Twins, Two Others For Burgling, Conspiracy In Ekiti

Police Apprehend Motorcycle Thief, Bernard Shadrach In Oye-Ekiti

BREAKING! Governor Aiyedatiwa’s Campaign Coordinator, Alaba Excel Abbey Assassinated In Supare Akoko

Police Apprehend Motorcycle Rider With Firearms And Drugs In Delta State

"I Believe In The Alpha And Omega But I’m Also A Proud Marina" - BBNaija’s Ka3na Speaks On Her Controversial River Ritual (Video)

APC Organizing Secetary, Chief Obinna Atuonu In Abia State Collapses & Dies During Church Service

More Featured Topics

fire TRENDING GISTS fire

THIS WEEK

  1. Benin Kingdom Suspends Five Functionaries For ‘Unauthorised’ Visit To Ooni Of Ife

  2. Lady Who Worked As A Maid In Saudi Arabia Narrates Her Harrowing Ordeal As Boss Impregnates Her

  3. GWR Holder, Tunde Onakoya's Parents Gifted A House

  4. Nigerian Tenant Discovers Landlord With Wife & Daughter, Sparks Outrage Online (Video)

  5. Wunmi Ajiboye Reunites With Estranged Husband, Segun Ogungbe, Days After Dragging Him (Video)

  6. "How I Was Stylishly Set Out Of My Husband’s House The Same Day He Was Buried- Ajigijaga's Wife

  7. ‘My Values, Not Dad’s Money’ – Davido Opens Up On Secret Of His Success

  8. Nigeria Loses Title As Africa’s Largest Economy; Slips To Fourth Place

  9. Nigerian Afrobeat Sensation, Rema Calls Out Mavin Records Over "Fake" PR, Denies New Project

  10. Investigation Launched Into Mysterious Death Of VGC Chairman, Gihan Mbelu In Lagos

TOP MEMBERS:
  • gogoman 1421
  • fineboy77 917
  • felicilin 685
  • bohlah 355
  • kacylee 347
Read More

Featured Topics

.. Drama As Actress, Toyin Abraham Ajeyemi Clashes With Area Boys On Movie Set (Video)

. "Polygamy Is Allowed In Celestial Church, Our Prophets Can Marry Many Wives Like Our Founder" — Oshoffa's Son, Olatosho

. Tragic Auto Crash Claims 19 Lives On Okene-Lokoja Highway

. Police Apprehends Teenage Twins, Two Others For Burgling, Conspiracy In Ekiti

. Police Apprehend Motorcycle Thief, Bernard Shadrach In Oye-Ekiti

.. BREAKING! Governor Aiyedatiwa’s Campaign Coordinator, Alaba Excel Abbey Assassinated In Supare Akoko

. Police Apprehend Motorcycle Rider With Firearms And Drugs In Delta State

.. "I Believe In The Alpha And Omega But I’m Also A Proud Marina" - BBNaija’s Ka3na Speaks On Her Controversial River Ritual (Video)

.. APC Organizing Secetary, Chief Obinna Atuonu In Abia State Collapses & Dies During Church Service

. FCT Police Apprehend Notorious Robbery Duo, Recover Stolen Cars & Charms

. NiMet Predicts Mixed Weather Patterns Across Nigeria From Sunday To Tuesday

. No More Big 3 In Afrobeat, I'm On Same Level With Wizkid, Davido And Burnaboy - Rema Reveals

. Photos: Comedian, Warri Pikin Celebrates 11th Wedding Anniversary With Husband

. Why Rapture Did Not Take Place Despite My Prophecy - Prophet Metu Makes U-Turn, Reveals Reason

.. Egypt Tops List As Most Powerful African Country In 2024 (See Full List)

.Two Notorious Drug Kingpins,Uwaezuoke Ikenna & Agbo Chidike Sentenced To Life Imprisonment By NDLEA

.. Again! Another Lady Passed Away After BBL Enhacement Surgery At Cynosure Aesthetic Plastic Surgery

. Federal Government Commences Demolition Along Lagos-Calabar Coastal Road Right Of Way (Video)

.. Investigation Launched Into Mysterious Death Of Victoria Garden City Chairman, Gihan Mbelu In Lagos

. FT:Tottenham (2)v(3) Arsenal: English Premier League Match,Team News,Goal Scorers and Stats

.. Tragic Incident Unfolds As Man Stabs Wife To Death In Ekiti State Over Alleged Infidelity

. Nottingham Forest v Manchester City: English Premier League Match,Team News,Goal Scorers and Stats

. Edo Police Apprehend Suspected Cultists Accused Of Killing Man In Daughter’s Presence In Auchi

.. NDLEA Arrests Suspects For Drug Offenses Across Nigeria, Including Cannabis-Infused Cakes (Photos)

.. "Stop Praying For Tinubu To Succeed" - Renowned Scholar, Sam Amadi

.. Watch President Tinubu's Remarkable Address At World Economic Forum In Riyadh, Saudi Arabia

. "I Destroyed My Ex-boyfriend’s Car For Being Reluctant To Marry Me" - BBtitans’ Yvonne Godwin

.. Nigerian Man, Wife, & 11 Others Nabbed In Vietnam For Alleged Money Laundering Scheme

.. EFCC Arraigns Four Women For Obstruction of Duty and Assault In Kaduna (Photos)

. Blackface Doubts Plantashun Boiz Reunion, Cites Lack Of Interest From Bandmates

More Featured Topics