Over 700 players from 32 countries will participate in the 2022 World Cup in Qatar with an eye on the top prize. The tournament is scheduled to take place in Qatar from 20 November 20 to December 18.
FIFA, the world's governing body of sport, has set aside $440 million for the Qatar World Cup, the marquee event's 22nd edition. The winner in Qatar will take home $42 million. Besides, countries will also receive some amount for their participation in the tournament, report agencies.
This represents an increase of $40 million over the 2018 competition, while the prize pool at the Brazil 2014 World Cup was only $358 million.
FIFA's revenue budget for 2022 is $4.6 billion, a sizeable sum, with broadcasting rights expected to generate $2.6 billion of that total.
Here breaks down the prize money on offer in Qatar and how much each team can win.
The Qatar World Cup champions will receive a record $42 million in prize money, FIFA announced in April 2022.
The prize money for winners has increased by $4 million since 2018 and has been on an upward trend for the past 40 years.
Before 2006, World Cup champions were never paid more than $10 million, with Italy's victory in 1982 earning them an estimated $2.2 million.
National teams made a strong push for FIFA to increase prize money in 2002, and growing World Cup revenue has since ensured that winning teams have received such payouts.
With such a large prize pool, each team will leave Qatar significantly richer.
Each team will receive a $1.5 million participation fee just for qualifying for the 2022 World Cup. However, after arriving at the tournament, teams can earn much more money by making it to the knockout rounds.
Teams that advance to the semifinals in Qatar will receive more money than the 2006 World Cup winners did, according to the FIFA prize money breakdown.
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