• Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
No Result
View All Result
Federal Character
No Result
View All Result
Home News
FIFA sticks to $4.2bn investment plan despite growing UEFA boycott threat

FIFA​‍​‌‍​‍‌ Confirms 50% Prize Money Hike for the 2026 World Cup

Hashim KolawolebyHashim Kolawole
9 months ago
in News
Reading Time: 1 min read
A A
0
Facebook ShareWhatsapp ShareX Share

FIFA confirmed that prize money for the 2026 FIFA World Cup will be increased by 50%, which means that this will be the first such huge commitment to be made in the history of the tournament. On Wednesday, the world football governing body announced that it has approved a record $727 million funding package for the expanded 48-team competition that will be held in the United States, Canada, and Mexico.

Most of the money – $655 million – will be used for performance-based payments, which will then be distributed to the participating nations. The winners of the World Cup will be given $50 million, while the runners-up are going to be paid $33 million. Even the teams that are going to be knocked out of the group stage will be awarded $9 million, thus demonstrating FIFA’s endeavor to spread financial assistance to all competitors.

FIFA​‍​‌‍​‍‌ Confirms 50% Prize Money Hike for the 2026 World Cup

Moreover, every nation that qualifies will receive $1.5 million as preparation grants, which will be used to cover the costs of the logistics and operations ahead of the tournament.

FIFA president Gianni Infantino characterized the 2026 World Cup as “groundbreaking” financially and stated that the larger prize money would help football develop worldwide.

In addition to the World Cup, FIFA’s Council also gave the green light to new festival-style under-15 youth tournaments from 2026, with boys’ competitions first, followed by girls’ events in 2027. Besides that, the Council gave the green light to the Women’s Club World Cup to be staged from January 5 to 30, ​‍​‌‍​‍‌2028.

Tags: 2026 World Cup.federal characterfifaFootballNewsSports
Share234SendTweet146
Hashim Kolawole

Hashim Kolawole

I'm Hashim, a sports lover. Sport writing is my way of preaching sports to the world, merging my passion for the game with captivating storytelling. Hobbies include Sports, Literature, Travel, Writing, Music, exploring new types of sports.

Related Stories

Canada: Hydro One Apologizes for 'Lake America' Map Error After Trump Order

Canada: Hydro One Apologizes for ‘Lake America’ Map Error After Trump Order

bySomto Nwanolue
0

Hydro One has apologized after its online outage map incorrectly displayed Lake Ontario as "Lake America," saying the error was caused by a third-party mapping service. The incident...

New York's Met Museum Cancels John Galliano Exhibit Amid Backlash

New York’s Met Museum Cancels John Galliano Exhibit Amid Backlash

byFed Editor
0

The Metropolitan Museum of Art is canceling its planned exhibit honoring British designer John Galliano, which had led to severe backlash in the Jewish community and beyond because...

​Race Against Time in Nepal as Search Efforts Continue for 4,200 Missing

​Race Against Time in Nepal as Search Efforts Continue for 4,200 Missing

byEriki Joan Ugunushe
0

​Search teams are working nonstop across river valleys as thousands remain missing in Nepal flood disasters following a catastrophic glacier collapse along the border with Tibet. Five days...

Nepal Flash Floods: Death Toll Exceeds 800

Nepal Flash Floods: Death Toll Exceeds 800

byEriki Joan Ugunushe
0

The Nepal flash floods have claimed over 800 lives across Nepal and the neighboring border region of Tibet as rescue operations continue on the ground. Emergency crews are...

Next Post
How the Iran War Made Aliko Dangote $5 Billion Richer

Aliko Dangote Forces Farouk Ahmed Out of NMDPRA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Federal Character

We bring to you precise and factual news.
Towson, Baltimore, Maryland, USA

Recent Posts

  • ​Liberia Women’s Health Crisis Grows as Sweden Cuts Aid
  • ​UN Demands Reparations for Slavery: Should Taxpayers Pay?
  • Dutch football body seeks new leadership for FIFA

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • Home
  • About Federal Character
  • Advertise With Us
  • Cookie Policy
  • Sitemap

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us

Copyright © FederalCharacter.com 2026 .