Club World Cup Participants to Share $1b in Prize Money

1 year ago 43

Fifa is set to give more than one billion dollars in revenue to clubs participating in the Club World Cup.

This, as the European Club Association, ECA, negotiating on behalf of clubs in Europe including Chelsea and Manchester City, closes in on a deal.

Multiple sources have confirmed to BBC Sport that the 32 clubs involved, including 12 European clubs, will split what Fifa expect will be the biggest revenue ever for a club football tournament.

It is partly based on the one billion dollar exclusive global TV deal agreed with sports streaming service DAZN in December.

The inaugural tournament, taking place in the United States, begins on June 14 and finishes with the final in New Jersey on July 13.

On an individual club basis, those involved will receive a participation fee for entering the group stage and performance fees based on progression to later rounds.

Multiple senior sources have explained that Fifa and the ECA are also in talks about bringing in substantial solidarity payments for non-participating clubs, which is expected to be followed by similar distributions for clubs in Africa, Asia and the Americas at a later date.

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