FIFA sets Club World Cup prize money at $1 billion

emirates7 - FIFA announced on Wednesday that the total prize money for this year's expanded 32-team Club World Cup, set to take place in the United States from June 14 to July 13, will amount to $1 billion.

As reported by Reuters, FIFA anticipates generating $2 billion in revenue from the tournament. FIFA President Gianni Infantino stated that the organization’s financial reserves will remain unaffected, with a portion of the revenue also allocated to supporting club football globally.