FIFA have confirmed the winner of the Club World Cup will receive $125m, the biggest prize money for a club football tournament over a seven-game format.
The Club World Cup takes place this summer between June 14 and July 13 in the United States, with Manchester City and Chelsea representing England.
The 32 clubs competing will share a participation prize pool of $525m. FIFA has now finalised a complex model that recognises what each club brings to the tournament, meaning the minimum funds per team will differ. They believe this is a fair way of rewarding clubs based on their stature and have been working with the European Club Association (ECA) to align. It means that Manchester City or Chelsea will receive more to participate than Auckland City.
There is a further $475m for sporting performance. This covers win bonuses for each game, which will be the same for every club.
Chelsea and Man City Learn Minimum Prize Pot
Sides will also profit from wins and progression in tournament
Enzo Maresca
GIVEMESPORT understands the ECA agreement is complex, and European clubs will earn different minimum amounts based on several factors including their club ranking and revenue. However, the likes of Chelsea, Manchester City, Real Madrid, Bayern Munich and Paris Saint-Germain are expected to receive a minimum participation fee of almost $40m, plus the win-by-win or round-by-round prize money. The exact range European clubs will earn is $12.81m-$38.19m.
As a minimum participation fee, Conmebol clubs will receive circa $15.21m to enter, Concacaf, CAF and AFC ones $9.55m and OFC teams pocket $3.58m.
On top of this clubs can earn prize money based on sporting performance. The break down is:
Group Stage: $2.0m per win and $1m per draw.
Round of 16 qualification: $7.5m
Quarter-Final: $13.125m
Semi-Final: $21.0m
Finalist: $30.0m
Winner: $40.0m.,
FIFA will not keep a dollar from the Club World Cup. All revenue will be redistributed into club football through prize money. And FIFA hope to raise an additional $250m for club football across the world. The final solidarity payment will be determined by the commercial success of the tournament.
DAZN will air all 63 games of the Club World Cup as part of a $1bn broadcast deal.
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