the Super Eagles and other teams that qualified
for the FIFA 2018 World Cup are to get $1.5m
grants from FIFA to aid their preparations for
the tournament bill to start June 14-July 15 in
Russia. Each team is also guaranteed $8m for playing
in the group stages of the World Cup.
The winning team will get a record $38m in
prize money, after world football governing
body Fifa boosted its financial offering to
record levels. Runners-up in the final can console themselves with a $25m prize
Progressing through to the first knock-out
stage boosts the prize to $9m while a
quarter-final finish is worth $14m.In the
much-derided third place play-off, $42m is
shared between the two sides with the victor
taking home $22m. A total prize money pool of $400m
represents a 12 per cent increase on the $
358m paid out to teams at the 2014 World
Cup in Brazil, where victors Germany
received $35m. The money is paid to a nation’s football
association, who will have negotiated their
own financial agreements with their players. Fifa president Gianni Infantino said the prize
money increase represented “a positive
sign in terms of the healthy financial situation
of Fifa”, despite the organisation’s $369m
loss in 2016. The final round of qualifying for the
tournament takes place next month but 22 of
the 32 competing nations have been
confirmed, while some big names such as the
USA and Holland have already failed to make
the cut. Meanwhile, FIFA has set March 16 2018
deadline, for accepting bids to host the global
championship in 2026. Only two bids have been submitted so far
and they come from the Royal Moroccan
Football Federation (FRMF) and, a joint bid,
from the United States, Canada and Mexico
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