Close Menu
Chronicle NG
    Trending Stories
    Former CBN Governor Godwin Emefiele appears in court as an EFCC witness testifies about the alleged $6.23 million withdrawal case in Abuja.

    Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance

    July 3, 2026
    Nigerians

    More Nigerians evacuated from South Africa arrives Lagos

    July 3, 2026
    Iran begins public mourning for supreme leader killed in February

    Iran begins public mourning for supreme leader killed in February

    July 3, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance
    • More Nigerians evacuated from South Africa arrives Lagos
    • Iran begins public mourning for supreme leader killed in February
    • NDC demands Gbajabiamila’s sack over PFIPC scandal
    • Rescuers pull out Venezuelan man alive eight days after quakes
    • Ganduje denies dumping APC, calls defection to NDC fake
    • Bandits kill ex-Benue SSG David Salifu
    • Obi blames FG over education crisis, cites ‘weak leadership’
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, July 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    FIFA announces 50% increase in prize money for 2026 World Cup

    Vincent OsuwoBy Vincent OsuwoDecember 18, 2025No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    US President Donald Trump will attend the World Cup final in New Jersey on July 19 and hand over the trophy to the winners.
    Donald Trump and Gianni Infantino, FIFA President, with the FIFA Peace Prize trophy
    Facebook Twitter WhatsApp

    FIFA has revealed a 50% rise in the prize money it will distribute to teams participating in next year’s World Cup across the United States, Canada, and Mexico.

    This occurs in the midst of backlash regarding ticket prices at the event.

    The payment constitutes the majority of a record $727m (£544.8m) financial distribution that the governing body’s council has sanctioned due to the event.

    The winners of the World Cup will get $50m (£37.4m), while the runners-up will be given $33m (£24.7m). Teams that do not advance past the group stage will receive $9m (£6.7m).

    Moreover, every eligible team will be awarded $1.5m (£1.1m) to assist with preparation expenses, ensuring that all involved member associations are each assured at least $10.5m (£7.8m).

    FIFA president Gianni Infantino stated that the payments demonstrated the World Cup would “be revolutionary regarding its financial impact on the global football community.” The organization has projected unprecedented revenues, totaling $13bn (£9.7bn) for the 2023-2026 period.

    The announcement follows a day after FIFA launched a limited range of £45 tickets for every one of the 104 matches at the World Cup due to backlash regarding its ticket pricing system for the event.

    Tom Greatrex, chair of the Football Supporters’ Association, stated, “The unprecedented prize fund shows that there is no lack of money linked to the World Cup.”

    “It is not too late for FIFA to avoid the catastrophic error of all but killing what is special about the World Cup.

    “They should act now.”

    The partial climbdown was welcomed by UK Prime Minister Sir Keir Starmer; however, he also encouraged FIFA to do more to make tickets more affordable.

    FIFA’s council also approved the establishment of a post-conflict recovery fund “in line with [its] objective of promoting football’s unifying values. It said this followed “the announcement made by President Infantino at the Sharm El-Sheikh Summit for Peace on 13 October 2025 that FIFA intended to create a support mechanism for regions that have experienced conflict.”

    “This financial instrument, which will be open to third-party contributions and be subject to strict oversight, will complement action already implemented under the FIFA Forward Programme and other FIFA initiatives.”

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    AC Milan sack Allegri after terrible season run

    Allegri succeeds Conte as Napoli manager

    Switzerland's Dan Ndoye scores their second goal in win over Algeria

    Switzerland sweep past Algeria for first World Cup knockout win in 88 years

    Spain advanced to the round of 16 of the World Cup with a 3-0 victory over Austria in Los Angeles, United States.

    Spain beat Austria 3-0 to book last 16 spot

    Ronaldo at 40 admits he's greatest of all time in football history 

    Ronaldo scores as Portugal beat Croatia 2-1 to reach last 16

    Bayelsa gov Douye Diri dumps PDP

    Diri sets up interim board for Bayelsa Utd

    Klopp says Liverpool return ‘theoretically possible’ but Slot will revive reds

    Klopp to replace Nagelsmann as Germany coach

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Former CBN Governor Godwin Emefiele appears in court as an EFCC witness testifies about the alleged $6.23 million withdrawal case in Abuja.

    Emefiele Trial: Witness says alleged $6.2m withdrawal pushed CBN dollar account into negative balance

    July 3, 2026
    Nigerians

    More Nigerians evacuated from South Africa arrives Lagos

    July 3, 2026
    Iran begins public mourning for supreme leader killed in February

    Iran begins public mourning for supreme leader killed in February

    July 3, 2026
    Students loan scheme to kick-off in January 2024, Gbajabiamila reveals

    NDC demands Gbajabiamila’s sack over PFIPC scandal

    July 3, 2026
    Rescuers carry Hernan Gil on a stretcher after he was pulled alive from a collapsed building in Catia La Mar, Venezuela, eight days after devastating earthquakes.

    Rescuers pull out Venezuelan man alive eight days after quakes

    July 3, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.