OFFICIAL: FIFA Confirms Club World Cup Winner’s Prize

‎The winners of this year’s 32-team Club World Cup to be held in the US will earn up to $125 million, FIFA said on Wednesday.

‎The governing body of World Football announced earlier this month that it will allocate a total prize pool of $1 billion for the event scheduled from June 14 to July 13, which is noteworthy given the current landscape of financial regulation affecting clubs.

‎”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,” FIFA president Gianni Infantino said in a statement.

‎About half of the $1 billion total will be allocated among all 32 clubs, with the distribution based on sporting and commercial factors.

‎Consequently, prominent clubs such as Manchester City and Real Madrid will receive a larger percentage than smaller clubs.

‎This distribution model was created by FIFA in partnership with the European Club Association.

‎A further $475 million will be awarded on a performance-related basis, meaning the team with the most wins over a potential seven matches will bank more cash, with a maximum pot of $125 million available.

‎Numerous players and coaches, including England captain Harry Kane, have voiced concern over player welfare with the revamped Club World Cup meaning less time off between seasons.

‎”Of course, it’s another summer where you don’t have a break,” Kane said this week.

‎”I think we’re getting used to it. There’s nothing we can do about it.”

‎The Bayern Munich striker said he had high hopes for the event, however, telling FIFA.com that his goal was, “To win it. We’re one of the best teams in the world, without a doubt, so every tournament we go into, the idea is to win.”