World Cup 2022 is not only a platform for players to showcase their skills and achieve their wildest dreams, but it also presents a lucrative opportunity to rake in massive amounts of cash. The sheer thrill of winning the prestigious trophy is undoubtedly enough to motivate any player at the tournament, but the staggering sums of money up for grabs add an extra dimension to the event.
The World Cup 2022 is not just about football; it’s also a multi-billion-dollar industry that has the potential to transform the lives of players and nations.
Is there World Cup prize money?
Yes, teams will have the opportunity to earn prize money based on their performances at the 2022 World Cup. All teams who qualify for the group stages will receive a base amount of £1.2m. In addition to this, each team will be awarded a bonus amount depending on how far they progress in the tournament. If a team gets knocked out at the round of 16, they will earn a bonus of £11m, while those who make it to the quarter-finals will receive £14m. The reward increases further with the fourth-place earning £21m, third place receiving £23m, runners-up getting £25m, and the winners getting a whopping £35m.
For instance, let’s take the example of England who qualified for the tournament and made it to the quarter-finals. Their overall earnings will be calculated by adding the base amount of £1.2m and the bonus amount of £14m, which makes it a total of £15.2m. Therefore, it is evident that teams have a significant financial incentive to perform well in the World Cup and secure a higher ranking.
Do players get paid at the World Cup?
Although football players receive match fees, the amount they receive is often far less than their club wages. Each country’s football association determines the match fee amount for players per game, with substitutes receiving less.
While exact figures are not usually disclosed, some examples from past World Cups include Kylian Mbappe donating his £17,000 match fee to charity in 2018 and England players receiving £2,500 per match (£1,500 for unused substitutes) in 2014.
Some players, such as those on the England team, have a history of donating their match fees to charity, but details are often unclear. Additionally, players may be offered bonuses for winning the World Cup, with England players reportedly standing to earn £215,000 each if they won in 2018.
