40 billion won for runner-up, 36 billion won for third place. These are the prize money for the 2nd and 3rd places participating in the 2022 World Cup in Qatar. How much will the winning country get?
According to the International Football Federation on the 24th, the prize money for the winner of the World Cup in Qatar is 42 million dollars, or about 56.3 billion won. The 4th place excluding the 2nd and 3rd places mentioned above can receive about 33.4 billion won in prize money.
Prize money will also be given to teams that advance to the group stage, round of 16, and quarterfinals. First, the country eliminated in the quarterfinals is given 17 million dollars, about 22.7 billion won in our money. 17.3 billion won will be paid to the countries eliminated in the round of 16, and 12 billion won to the teams eliminated in the group stage.
All 32 countries participating in the tournament will receive a separate payment of 1.5 million dollars, or about 2 billion won, per participation fee. Participation in the World Cup itself can get you money. In particular, the winning team will receive a prize money of about 60 billion won if they take part in the participation allowance.
Pro league teams such as Tottenham, where Son Heung-min belongs, and Chelsea, which has Senegal national team defender Kalidou Koulibaly, will also receive compensation. Tottenham can get a total of 11 players to participate in the World Cup and receive 1.17 million pounds in compensation and about 1.8 billion won in Korean currency.
Chelsea will take about 3.1 billion won for 12 players, and Manchester City, which sent 16 players, including Belgian national team Kevin Debrawiner, to the World Cup will take 2.58 million pounds, or about 4 billion won.
All prize money is paid by FIFA, not the host country. The economic ability to give such a large amount of prize money is because a huge amount of income is generated from game ticket tickets, broadcasting rights, and advertising income every World Cup.
Through the 2018 Russia World Cup, the previous World Cup, the International Football Federation recorded an income of 5.5 billion dollars, or about 7.4 trillion won. An official from the Korea Football Association said in a phone call with the Women’s Economic Daily, “The national team’s highest ever World Cup revenue is the 4th prize money in 2002.”