Sunday, July 4, 2010

World cup prize money!


Prize money

The total prize money on offer for the tournament was confirmed by FIFA as $420 million (including payments of $40m to domestic clubs), a 60 percent increase on the 2006 tournament.[26] Before the tournament, each of the 32 entrants receive $1 million for preparation costs. Once at the tournament, the prize money would be distributed as follows:[26]

In a first for the World Cup, FIFA made payments to the domestic clubs of the players representing their national teams at the tournament. This saw a total of$40 million paid to domestic clubs. This was the result of an agreement reached in 2008 between FIFA and European clubs to disband the G-14 group and drop their claims for compensation dating back to 2005 over the financial cost of injuries sustained to their players while on international duty, such as that from Belgian club Charleroi S.C. for injury to Morocco's Abdelmajid Oulmers in a friendly game in 2004, and from English club Newcastle United for an injury to England's Michael Owen in the 2006 World Cup

http://en.wikipedia.org/wiki/2010_FIFA_World_Cup

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