The FIFA World Cup is an international football competition that is played by national teams who are members of FIFA. The World Cup is held every four years. Within the four-year period, national teams would play a qualification phase for three years to determine the 32 countries that would qualify for the tournament phase.
The World Cup began in 1930. It has been hosted by various countries. Only eight countries have won the world cup, with Brazil holding the record for the highest number of world cup titles. Brazil has won the World Cup five times. They are also the only team to have participated in all the World Cups.
Argentina (2), England (1), Spain (1), Germany (4), Italy (4), France (2), and Uruguay (2) are the other teams to have won the World Cup. The World Cup is also the competition with the highest number of viewers. FIFA generates a lot of income from the World Cup. It divides the massive sum of money among the 32 countries that competed in the tournament.
The amount of money distributed to various national teams every year depends on the revenue generated by FIFA. The total revenue generated by FIFA has increased continuously for each competition held. As the revenue generated increases, the money given to the national teams also increases.
The 2014 FIFA World Cup was held in Brazil. FIFA decided to distribute 400 million dollars to the 32 teams that participated in the tournament. Every team in the tournament is sure of receiving payment from FIFA. However, the amount of money would be reduced from the winners to the teams who didn't qualify from the group stage.
Germany won the 2014 World Cup and were given the sum of 35 million dollars. Argentina, who came in second, were rewarded with 25 million dollars. The third position received 22 million dollars, while the fourth position received 20 million dollars.
The quarterfinalists received 16 million dollars, the round of 16 losers received 9 million dollars each, while the teams who didn't qualify from the group stage received 8 million dollars.In the 2014 World Cup, the Super Eagles of Nigeria were eliminated by France in the round of 16. The Super Eagles were awarded $9 million.The 9 million dollars received by the super eagles is worth over 3 billion naira.
In the 2018 World Cup, the winners, France, received 38 million dollars, second place, Croatia, received 28 million dollars, the third position received 24 million dollars, the fourth position received 22 million dollars, the quarterfinalists received 16 million dollars, the losers of the round of 16 received 12 million dollars, and the national teams who didn't qualify from the group stage received 8 million dollars.
The super eagles of Nigeria were eliminated in the group stage. They received 8 million dollars, which is worth over 3 billion naira.
What is your opinion on this? Drop comments below. Please don't forget to like, follow and share.
Content created and supplied by: Tegajames (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More