by TINTSWALO BALOYI
JOHANNESBURG, (CAJ News) – EACH of the four African teams in the expanded Federation of International Football Associations (FIFA) Club World Cup will receive USD9.55 million (R174.5 million) as participation fee.
Al Ahly (Egypt), Esperance (Tunisia), MAmelodi Sundowns (South Africa) and Wydad (Morocco) will play in the 32-team tournament scheduled for the United States in July.
Winners will earn up to $125 million (R2.4 billion).
FIFA confirmed on Wednesday the distribution model for the new club competition, plus a substantial and groundbreaking global solidarity model.
“The distribution model of the FIFA Club World Cup reflects the pinnacle of club football and represents the biggest-ever prize money for a football tournament comprising a seven-match group stage and playoff format with a potential payout of USD 125 million foreseen for the winners,” said FIFA President, Gianni Infantino.
He said in addition to the prize money for the participating teams, there is an unprecedented solidarity investment programme where FIFA had a target of an additional $250 million being provided to club football across the world.
“This solidarity will undoubtedly provide a significant boost in our ongoing efforts in making football truly global,” Infantino said.
– CAJ News