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FIFA Approves $1bn Prize Money For Club World Cup 2025

LEADERSHIP News by LEADERSHIP News
1 year ago
in Football, Sport
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FIFA will pay a total prize money of USD1 billion to participants in the Club World Cup 2025 taking place in the United States this year.

The figure is significantly more than the prize money offered for either the last men’s or women’s World Cups.

FIFA’s robust financial foundation to develop football around the world took centre stage on Wednesday at the meeting of the FIFA Council, which unanimously approved the Annual Report 2024.

At the meeting, FIFA approved the revised budget revenue target of USD13 billion for the 2023-2026 cycle that will see nearly 90% invested back in the game to significantly boost global football development.

The revised budget incorporates USD 2 billion in revenues from the much-anticipated FIFA Club World Cup 2025™, which will set a new benchmark for global club football, with USD 1 billion distributed to participating clubs and provision for a solidarity mechanism that will be dedicated to club football across the world.

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“The FIFA Club World Cup will not only be the pinnacle of club football, but also a vivid demonstration of solidarity that will benefit clubs at large to a scale that no other competition has ever done,” said FIFA President Gianni Infantino.

“All revenue generated by the tournament will be distributed to the participating clubs and via club solidarity across the world as FIFA will not keep a single dollar. FIFA’s reserves, which are there for global football development, will remain untouched.

“At the same time, we are making a record investment of almost USD 2.3 billion in the FIFA Forward Programme during the 2023-2026 cycle, which means that by 2026 we will have made the unprecedented amount of up to USD 5.1 billion available for football development since 2016.”

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