As approved by the FIFA Council at its meeting in Kolkata on 27 October 2017, the total contributions for the participants of the 2018 FIFA World Cup will amount to USD 791 million, up 40 percent compared to the previous edition in 2014.
In 2017, the FIFA Council announced that the organization’s total contributions to fund the 2018 World Cup would be a whopping $791 million — a 40 percent increase from the previous tournament in 2014. Of this total, $400 million will be used exclusively as prize money for participating teams — a 12 percent increase.
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By beating England in the third-place playoff in the 2018 World Cup, Belgium has bagged $24 million (164 Crores), according to FIFA’s prize money for this tournament. The prize money of the third-placed team has increased by $4 million in comparison to the previous edition of the FIFA World Cup 2014.
This increase in funding means that France and Croatia can win more prize money than ever before in World Cup history. The winning team will win $38 million(260 Crores), and runners-up will win $28 million(192 Crores). For a smaller team like Croatia, those funds could go a long way.
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