Prize Money for the Qatar FIFA World Cup 2022
The FIFA World Cup is one of the most prestigious tournaments in the world. In 2022, Qatar will host the 22nd FIFA World Cup for the first time. The championship has been awarded every four years since the inaugural tournament in 1930. However, FIFA is pondering to spend a large amount of money on the upcoming 22nd edition of the FIFA World Cup. The prize pool has increased incredibly in recent years. It has increased by 80% since the World Cup in Brazil in 2014. Each Team gets a few million more for each stage of the tournament one takes. FIFA has a large sports governing committee and, continuously, they are increasing the prize money. As a part of their plan, they are going to increase this amount once again. So, the competition would be great.
Here is the prize money for the FIFA World Cup 2022-
FIFA WORLD CUP PRIZE MONEY
|Stage||Prize Money (2022)||(Prize Money 2018)||Remarks|
|Winner||$50 million||$38 million||One Team|
|Runners-up||$40 million||$28 million||One Team|
|Third Place||$30 million||$24 million||One Team|
|Fourth Place||$25 million||$22 million||One Team|
|Quarterfinals||$18 million||$16 million||4 Losing Teams Each|
|Round of 8||$12 million||$12 million||8 Eliminated Teams Each|
|Round of 16||$10 million||$08 million||16 Eliminated Teams Each|
|Qualification bonus||$02 million||$1.5 million||32 Qualified Teams|
From the chart, we can see, 32 qualified teams will receive a preparation fee of $2 million each. Those teams who will reach the round of 16 will receive $10million each. Teams reaching the round of 8 will receive $12 million each. The four quarterfinalists will receive $18 million each. The fourth placing team will get $25 million and, the third team receiving $30 million. The winner of the 2022 FIFA World Cup 2022 will receive $50 million, while the runner-up receiving $40 million.
The prize money for the upcoming world cup would be around $700 million after increasing 22% than last time. Last time total cost for the FIFA World Cup was $576.
There are still many prizes to be revealed. Such as the insurance fee of the players, payment to parents club of the player by player rewards, etc. Last time, the player insurance fee amount was around a hundred million dollars, where payment to the parent club’s rewards was $70 million. So, if we consider increasing this amount according to the same rate, we think it would grow more.
The winning team receives a large amount of money. But the honor it earns is much more of that.