2022 FIFA World Cup Prize Money: How much will the Runners-Up earn?
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Croatian National Team at the FIFA World Cup in 2018
The FIFA World Cup is without a question, the world’s grandest sporting tournament. Countries from every continent compete determinedly for the modest honor of taking part in the quadrennial tournament. 32 teams will vie for the golden reward yet again this year.
This will be the first year the finals have been hosted in the Middle East, the destination being Qatar. The championship’s first encounter will be played on November 20 at Al Bayt Stadium featuring hosts Qatar and Ecuador, with the title game taking place on December 18.
Although the largest reward for the champion of the FIFA World Cup 2022 is the glory and honor that the Coupe du Monde (World Cup Trophy) carries, the victorious squad also receives a sizable monetary award.
How much money will be awarded to the runners-up of the 2022 FIFA World Cup?
The second-place team will be awarded $30 million and will also receive an additional $10.5 million, as with all participating teams.
The third-place team will be awarded $27 million, and the fourth-place team will be awarded $25 million.
The 2018 FIFA World Cup in Russia bestowed $400 million in total prizes, with World champions, France receiving $38 million and runners-up team, Croatia earning $28 million.
How much is the cumulative prize pool for the FIFA World Cup 2022?
FIFA has revealed the overall winnings budget for World Cup 2022, which has increased by 29% to $1 billion, of that which $440 million will be divided up among 32 teams premised on their results in the contest.
The total prize money obtainable for the world championship is $440 million, which is $40 million extra than the final prize money accessible in the 2018 World Cup.
How will the $440 million be distributed?
Following a two-pillar payment structure, $440 million will be distributed between teams as cash prize payments.
A). Guaranteed Fee – This is the participatory price that is paid to each qualified country.
B). Performance-Based Payments: The greater a squad finishes in the 2022 World Cup, the more award money they will obtain
FIFA World Cup 2022 Schedule
The championship commences on Monday, November 21, and will conclude in less than a month, with the finals projected for December 18. The FIFA World Cup group stage will take place from November 21 to December 2. The Round of 16 matches will take place from December 3-6, after the finish of the Group stage.
The contest’s quarterfinals will be held on December 9-10. The semifinal fixtures will be held on December 13-14, with the third-place encounter and the finals on December 17 and 18, respectively.
Also Read: Here’s how the 2022 FIFA World Cup will help Europe’s major football clubs earn millions of dollars
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