FIFA has announced a staggering USD 9.55 million participation fee for each of the four African teams ahead of the maiden FIFA Club World Cup set for 14 June to 13 July 2025 in the United States of America.
The four African teams namely Al Ahly (Egypt), Esperance (Tunisia), Mamelodi Sundowns (South Africa) and Wydad Athletic Club (Morocco) will earn the same as the participating clubs from Asian Football Confederation (AFC) and Confederation of North, Central America and Caribbean Association Football (CONCACAF) from the huge USD 1 Billion prize money for the first edition of 32-club competition.
In line with the budgetary principles for the FIFA Club World Cup and following fruitful discussions with key stakeholders, including the European Club Association, as well as the approval of the FIFA Council, FIFA has confirmed the distribution model for its new club competition that includes USD 1 billion prize money for the 32 participating clubs, plus a substantial and groundbreaking global solidarity model.
“The distribution model of the FIFA Club World Cup reflects the pinnacle of club football and represents the biggest-ever prize money for a football tournament comprising a seven-match group stage and playoff format with a potential payout of USD 125 million foreseen for the winners,” said FIFA President Gianni Infantino.
“In addition to the prize money for the participating teams, there is an unprecedented solidarity investment programme where we have a target of an additional 250 million dollars being provided to club football across the world. This solidarity will undoubtedly provide a significant boost in our ongoing efforts in making football truly global.
“Not only that, but FIFA will neither retain any funding for this tournament, as all revenues will be distributed to club football, nor will it touch FIFA’s reserves, which are set aside for global football development through the 211 FIFA Member Associations.”- africanfootball
The post FIFA Club World Cup: African quartet to pocket USD 9.55M participation fee for appeared first on Ghanaian Times.
Read Full Story
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS