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FIFA is in talks with national associations to increase prize money for the 48 teams participating in the upcoming 2026 World Cup, which will be co-hosted by the United States, Canada, and Mexico, soccer’s world governing body confirmed on Sunday.
The plan to increase prize money for World Cup teams needs approval from the FIFA Council meeting in Vancouver, Canada, on Tuesday, which will take place before the 76th FIFA Congress.
In December last year, FIFA announced that after agreeing to a record $727 million in financial contributions for the World Cup, this year’s tournament will have prize money of $655 million, a 50% increase over the previous Qatar 2022 edition.
The 2022 World Cup in Qatar was a thrilling and exciting one, with champions Argentina receiving $42 million and runners-up France $30 million. Third-place Croatia received $27 million and fourth-place Morocco $25 million. Teams eliminated in the round of 16 and quarterfinals of the World Cup each received $13 million and $17 million, respectively. Teams eliminated in the group stage each received $9 million.
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Reuters reported that soccer’s global governing body is in talks with associations around the world to increase available revenue and that FIFA’s revenue is estimated to exceed $11 billion in the current four-year cycle from 2023 to 2026.
FIFA announced in December that the champion team of the 2026 World Cup will receive a record $50 million and the runners-up $33 million, while the 16 countries eliminated from the preliminary group stage will receive $9 million, and each qualifying country will receive $1.5 million for preparatory costs.
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