The winners of this year’s 32-team Club World Cup to be held in the U.S. will receive up to $125 million, FIFA said on Wednesday.
World soccer’s governing body had announced earlier this month a total prize pot of $1 billion for the June 14-July 13 event, notable in the current climate of financial regulation for clubs.
“FIFA will neither retain any funding for this competition, as all revenues will be allocated to club football, nor will it affect 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 shared between all 32 clubs, with the amount per club based on sporting and commercial factors, meaning clubs such as Manchester City and Real Madrid will obtain a greater percentage than smaller clubs in a model FIFA created with the European Club Association.
A further $475 million will be distributed on a performance-related basis, meaning the team with the most victories over a potential seven matches will secure more cash, with a maximum pot of $125 million available.
Numerous players and coaches, including England captain Harry Kane, have expressed concern over player welfare with the revamped Club World Cup allowing less time off between seasons.
“Of course, it’s another summer where you hardly have a break,” Kane said this week. “I think we’re getting used to it. There’s nothing much 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.”