FIFA announced that the winners of this year’s 32-team Club World Cup, set to take place in the U.S. from June 14 to July 13, will receive up to $125 million in prize money, as part of a total prize pool of $1 billion for the tournament.
FIFA has announced that the winners of this year’s 32-team Club World Cup, set to take place in the U.S. from June 14 to July 13, will earn up to $125 million in prize money. The tournament, which will feature top clubs from around the world, is expected to be one of the most lucrative in history.
Earlier this month, FIFA revealed a total prize pool of $1 billion for the event, reflecting the growing financial importance of the tournament in the context of global football. This significant prize sum underscores FIFA's ongoing efforts to enhance the financial rewards for top clubs and further elevate the stature of the Club World Cup.
The competition is set to attract intense global attention, with teams from various continents vying for the prestigious title and a substantial financial windfall. In a time when financial regulation for clubs is a major concern, this competition highlights the growing commercial aspect of international football. The 2023 edition of the Club World Cup promises to be a landmark event, both in terms of competition and financial rewards.
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Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washington’s 3.5% GDP spending target.
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