The 2022 World Cup in Qatar has been praised as one of the most successful events in football history that present teams with lucrative deals. Read on to find out how much each country receive from participating in the tournament.
While the ultimate of teams participating in the World Cup is for the iconic trophy, there are undoubtedly lucrative benefits for their performances on the pitch.
Apart from the pride that each country feels for embarking on a World Cup run, each nation wins World Cup prize money depending on their success.
Total prize money at the 2022 World Cup
FIFA will award $440 million in World Cup prize money, with cash distributed according to the level of the competition reached, plus $1.5 million to each side merely for participating in the World Cup. That was an increase of $40m compared to the 2018 tournament, and just $358m in prize money was on offer at the 2014 World Cup in Brazil.
Even though this seems a relatively small sum for the powerhouses of world football, underdeveloped countries such as Costa Rica and Iran would have kindly taken the sum in their stride, alongside the exposure received by participating in the competition.
Exceeding this, countries who finish in the top two and qualify for the knockout stages will earn more money - though that is made through solitary payments. Essentially, this will not be paid until the nation is knocked out, or in one lucky nation's case, won the tournament on December 18.
According to Skysports, they will receive an additional £11m on top of their £1.2m group stage bonus for being knocked out - an incredible sum for dark horses who qualified such as Morocco, Australia, and South Korea.
The World Cup prize money table is detailed here, providing information on how much each side earned throughout their participation at the 2022 World Cup in Qatar.
What is the source of the reward money?
According to Sporting News, FIFA allocates prize money according to the revenue generated by hosting the event.
It is up to the various nations to decide how much they would pay their players from the prize money. Some nations may divide the money based on looks, while others may divide it equally.
According to sources, the finalists will treasure their $72 million prize money. Meanwhile, the third-place squad will receive $27 million, while the fourth-place team will receive $25 million, reports NBC Sports.
How much money do World Cup teams make?
Teams who were eliminated in the group stage received $9 million apiece. Qatar, Ecuador, Wales, Iran, Mexico, Saudi Arabia, Denmark, Tunisia, Canada, Belgium, Germany, Costa Rica, Serbia, Cameroon, Ghana, and Uruguay are among the countries represented.
Each team that advanced to the Round of 16 received $13 million. USA, Senegal, Australia, Poland, Spain, Japan, Switzerland, and South Korea are among the countries represented.
Each team that advanced to the Quarterfinals received $17 million. England, Brazil, the Netherlands, and Portugal are these cases.
The fourth-place team (Morocco) will receive $25 million.
The third-place squad (Croatia) will receive $27 million.
The runner-up (France) will receive $30 million.
The winner (Argentina) will receive $42 million.