Fifa Reveals $420m Prize Money For 2010 World Cup

04 Dec 2009 | tshego

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World football governing body FIFA has revealed that total prize money for the 2010 World Cup has been set at $420m, a 61% increase on the levels at the last tournament in 2006, with the winning team set to walk away with $30m.

Valcke said total prize money for next year’s tournament had been set at $420m, a 61% increase on the 2006 total of $261m which was available in Germany.

The winning team will get $30m with the runner-up pocketing $24m. At the bottom end of the scale, the lowest 16 teams will receive $8m each.

This figure is in addition to a $1m set amount for ‘preparations’, FIFA general secretary Jerome Valcke announced.

Valcke added that an additional $40m had been set aside for clubs whose players would take part in national teams. Part of this amount was to cover the cost of insuring those players.

Valcke also stated that FIFA had decided to increase the number of teams participating in the Women’s World Cup from the 16 that would be playing in Germany in 2011, to 24 in 2015.