Article of FaithNFA gives financial breakdown of FIFA 2014 World Cup largesseon December 18, 2013 / in Sports 6:02 pm / Comments
Abuja -The Nigeria Football Association (NFA) on Wednesday explained in detail, the a ... read full comment
Article of FaithNFA gives financial breakdown of FIFA 2014 World Cup largesseon December 18, 2013 / in Sports 6:02 pm / Comments
Abuja -The Nigeria Football Association (NFA) on Wednesday explained in detail, the amount to be received by the country following its participation in the 2014 FIFA World Cup finals.
The financial explanation is coming on the heels of reports in some sections of the media that the NFA does not need money to prepare for the World Cup.
The report said that the FIFA financial reward for participating countries was enough to prepare the NFA and the Super Eagles for the 2014 World Cup.
A statement issued by the NFA, however, quoted its Director of Competitions, Mohammed Sanusi, as saying that FIFA would pay each participating member association the sum of 1.5 million U.S. dollars (about N240 million) as preparation
money.
BRAZIL 2014:World Cup winner to receive $35 million in prize money
FIFA will give the 2014 World Cup winner $35 million in prize money, and all 32 competing nations will get at least $8 million.
The figures were agreed Thursday by FIFA's executive committee as part of a $576 million fund. It includes payments to clubs worldwide and an insurance policy to cover injured players' salaries.
At the 2010 World Cup, champion Spain earned $30 million from a $348 million teams' prize money pot.
FIFA pays the money to the 32 national federations, which will each get an additional $1.5 million to prepare for the June 12-July 13 tournament in Brazil.
The German federation has promised all 23 players a 300,000 euros ($407,000) bonus for winning the title. Prize Money Distribution For FIFA World Cup 2014:
Total Prize Money: $576 million (confirmed by FIFA)
Participation Fee: $1.5 Million (each 32 Teams)
FIFA Confirmed the Prize Money Details
STAGE TEAMS MONEY
Participation Fee 32 Team $1.5m
Group Stage(eliminated Teams) 16 Teams $8m
Round of 16 (Losers) 8 Teams $9m
Quarter Finals (Losers) 4 Teams $14m
4th Place team 1 Team $18m
Third Place Team 1 Team $20m
Runner Up 1 Team $25m
Winners 1 Team $35m
Fees To clubs whose players play in WC Â $70m
—————————————————————————————————————————
[ Following table shows the prize money distribution among 32 teams from FIFA World Cup 2010 in South AFrica, where total prize money was $420 million ] So we can expect the small increase on prize money at every stage.
FIFA World Cup 2010 Prize Money Distribution:
Stage TEAM Money
Participation Fee 32 Teams $1 Million Each
Group Stage(eliminated Teams) 16 $8 Million
Round of 16 (Losers) 8 $9 Million
Quarter Finals (Losers) 4 $14 Million
4th Place team 1 $18 million
Third Place Team 1 $20 million
Runner Up 1 $24 million
Winners 1 $30 million
world cup 10 years ago
appearance fee will be paid from approved World Cup budget - Government spokesman Mahama Ayariga
Posted On Monday, 17th March 2014
Asamoah Gyan will be leading Ghana at the 2014 World Cup
By Ameenu Shardow
Follow on T ... read full comment
appearance fee will be paid from approved World Cup budget - Government spokesman Mahama Ayariga
Posted On Monday, 17th March 2014
Asamoah Gyan will be leading Ghana at the 2014 World Cup
By Ameenu Shardow
Follow on Twitter @alooameenu
Ghana’s Minister of Information Mahama Ayariga says the approved budget for the 2014 World Cup does not include the payment of an appearance fee moments after Sports Minister Elvis Afriyie Ankrah had revealed an amount of $75,000 will be paid to the players at the 2014 World Cup in Brazil.
Reports were rife that the Black Stars players had demanded a payment of a staggering $100,000 to each member of the team as appearance fee before taking part in the tournament in Brazil.
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Sports Minister Elvis Afriyie Ankrah however revealed that government had agreed to pay $75,000 – the same amount paid to the players at the last World Cup in South Africa.
The payment of an appearance fee according to the government spokesperson Maham Ayariga was however not factored into the $9.8m approved budget for Ghana’s participation at the 2014 World Cup finals in Brazil.
“We do not deal with appearance fees. That is an issue with FIFA,” Mahama Ayariga told Metro FM.
“It is FIFA that pays appearance fees not government.”
Ghanaian players were paid $50,000 as an appearance fee in their maiden participation at the 2006 World Cup in Germany.
This figure was increased to $75,000 in the last World Cup four years ago in South Africa.
It however unclear whether these amounts were paid from government chest for from FIFA.
Article of FaithNFA gives financial breakdown of FIFA 2014 World Cup largesseon December 18, 2013 / in Sports 6:02 pm / Comments
Abuja -The Nigeria Football Association (NFA) on Wednesday explained in detail, the amount to be received by the country following its participation in the 2014 FIFA World Cup finals.
The financial explanation is coming on the heels of reports in some sections of the media that the NFA does not need money to prepare for the World Cup.
The report said that the FIFA financial reward for participating countries was enough to prepare the NFA and the Super Eagles for the 2014 World Cup.
A statement issued by the NFA, however, quoted its Director of Competitions, Mohammed Sanusi, as saying that FIFA would pay each participating member association the sum of 1.5 million U.S. dollars (about N240 million) as preparation
money.
BRAZIL 2014:World Cup winner to receive $35 million in prize money
FIFA will give the 2014 World Cup winner $35 million in prize money, and all 32 competing nations will get at least $8 million.
The figures were agreed Thursday by FIFA's executive committee as part of a $576 million fund. It includes payments to clubs worldwide and an insurance policy to cover injured players' salaries.
At the 2010 World Cup, champion Spain earned $30 million from a $348 million teams' prize money pot.
FIFA pays the money to the 32 national federations, which will each get an additional $1.5 million to prepare for the June 12-July 13 tournament in Brazil.
The German federation has promised all 23 players a 300,000 euros ($407,000) bonus for winning the title. Prize Money Distribution For FIFA World Cup 2014:
Total Prize Money: $576 million (confirmed by FIFA)
Participation Fee: $1.5 Million (each 32 Teams)
FIFA Confirmed the Prize Money Details
STAGE TEAMS MONEY
Participation Fee 32 Team $1.5m
Group Stage(eliminated Teams) 16 Teams $8m
Round of 16 (Losers) 8 Teams $9m
Quarter Finals (Losers) 4 Teams $14m
4th Place team 1 Team $18m
Third Place Team 1 Team $20m
Runner Up 1 Team $25m
Winners 1 Team $35m
Fees To clubs whose players play in WC Â $70m
—————————————————————————————————————————
[ Following table shows the prize money distribution among 32 teams from FIFA World Cup 2010 in South AFrica, where total prize money was $420 million ] So we can expect the small increase on prize money at every stage.
FIFA World Cup 2010 Prize Money Distribution:
Stage TEAM Money
Participation Fee 32 Teams $1 Million Each
Group Stage(eliminated Teams) 16 $8 Million
Round of 16 (Losers) 8 $9 Million
Quarter Finals (Losers) 4 $14 Million
4th Place team 1 $18 million
Third Place Team 1 $20 million
Runner Up 1 $24 million
Winners 1 $30 million
world cup 10 years ago
USA coach Klinsmann's World Cup bonuses bigger than Ghana's entire budget
Posted On Wednesday, 19th March 2014
Jurgen Klinsmann will earn $10.5m if USA reaches the final of the World Cup
USA’s budget of $10.5m for thei ... read full comment
USA coach Klinsmann's World Cup bonuses bigger than Ghana's entire budget
Posted On Wednesday, 19th March 2014
Jurgen Klinsmann will earn $10.5m if USA reaches the final of the World Cup
USA’s budget of $10.5m for their coach’s bonuses at the World Cup is bigger than Ghana’s entire World Cup budget, rubbishing claims by a section of the Ghanaian media that America has budgeted $2m for the tournament in Brazil in June.
A section of the Ghanaian media claimed that USA will spend just $2m for the tournament in Brazil, sparking anger in certain quarters in Ghana over the $9m budgeted for the Black Stars for their entire participation in the competition.
However a report in one of America’s leading newspapers, the Washington Post, has exposed the report in Ghana as false by revealing that even the bonuses to be earned by Juergen Klinsmann will be bigger than Ghana’s entire budget for the tournament.
According to the report, Klinsmann will earn between $500,000 and $10.5 million in bonuses based on how deep the U.S. national team advances at the 2014 World Cup in Brazil.
The scale was included in the U.S. Soccer Federation’s audited financial statements for April 1, 2012 through March 31, 2013.
If the bonuses of the players, officials and other supporting staff are added to it as well as expenses on their more than 40 scouts spread over Europe as well as the January camp in Sao Paolo their budget could rocket to about $30m which is far bigger than what the Ghanaian media reported.
Klinsmann’s base salary is $2.5 million — the largest in USSF coaching history.
The statement did not include a breakdown of Klinsmann’s potential bonuses for the World Cup performance, but presumably he would receive the minimum amount for earning points in the group stage and the maximum figure for winning the championship.
It is unclear how much he received for guiding the national team to a World Cup berth.
appearance fee will be paid from approved World Cup budget - Government spokesman Mahama Ayariga
Posted On Monday, 17th March 2014
Asamoah Gyan will be leading Ghana at the 2014 World Cup
By Ameenu Shardow
Follow on Twitter @alooameenu
Ghana’s Minister of Information Mahama Ayariga says the approved budget for the 2014 World Cup does not include the payment of an appearance fee moments after Sports Minister Elvis Afriyie Ankrah had revealed an amount of $75,000 will be paid to the players at the 2014 World Cup in Brazil.
Reports were rife that the Black Stars players had demanded a payment of a staggering $100,000 to each member of the team as appearance fee before taking part in the tournament in Brazil.
ADVERTISEMENT
Sports Minister Elvis Afriyie Ankrah however revealed that government had agreed to pay $75,000 – the same amount paid to the players at the last World Cup in South Africa.
The payment of an appearance fee according to the government spokesperson Maham Ayariga was however not factored into the $9.8m approved budget for Ghana’s participation at the 2014 World Cup finals in Brazil.
“We do not deal with appearance fees. That is an issue with FIFA,” Mahama Ayariga told Metro FM.
“It is FIFA that pays appearance fees not government.”
Ghanaian players were paid $50,000 as an appearance fee in their maiden participation at the 2006 World Cup in Germany.
This figure was increased to $75,000 in the last World Cup four years ago in South Africa.
It however unclear whether these amounts were paid from government chest for from FIFA.
Article of FaithNFA gives financial breakdown of FIFA 2014 World Cup largesseon December 18, 2013 / in Sports 6:02 pm / Comments
Abuja -The Nigeria Football Association (NFA) on Wednesday explained in detail, the amount to be received by the country following its participation in the 2014 FIFA World Cup finals.
The financial explanation is coming on the heels of reports in some sections of the media that the NFA does not need money to prepare for the World Cup.
The report said that the FIFA financial reward for participating countries was enough to prepare the NFA and the Super Eagles for the 2014 World Cup.
A statement issued by the NFA, however, quoted its Director of Competitions, Mohammed Sanusi, as saying that FIFA would pay each participating member association the sum of 1.5 million U.S. dollars (about N240 million) as preparation
money.
BRAZIL 2014:World Cup winner to receive $35 million in prize money
FIFA will give the 2014 World Cup winner $35 million in prize money, and all 32 competing nations will get at least $8 million.
The figures were agreed Thursday by FIFA's executive committee as part of a $576 million fund. It includes payments to clubs worldwide and an insurance policy to cover injured players' salaries.
At the 2010 World Cup, champion Spain earned $30 million from a $348 million teams' prize money pot.
FIFA pays the money to the 32 national federations, which will each get an additional $1.5 million to prepare for the June 12-July 13 tournament in Brazil.
The German federation has promised all 23 players a 300,000 euros ($407,000) bonus for winning the title. Prize Money Distribution For FIFA World Cup 2014:
Total Prize Money: $576 million (confirmed by FIFA)
Participation Fee: $1.5 Million (each 32 Teams)
FIFA Confirmed the Prize Money Details
STAGE TEAMS MONEY
Participation Fee 32 Team $1.5m
Group Stage(eliminated Teams) 16 Teams $8m
Round of 16 (Losers) 8 Teams $9m
Quarter Finals (Losers) 4 Teams $14m
4th Place team 1 Team $18m
Third Place Team 1 Team $20m
Runner Up 1 Team $25m
Winners 1 Team $35m
Fees To clubs whose players play in WC Â $70m
—————————————————————————————————————————
[ Following table shows the prize money distribution among 32 teams from FIFA World Cup 2010 in South AFrica, where total prize money was $420 million ] So we can expect the small increase on prize money at every stage.
FIFA World Cup 2010 Prize Money Distribution:
Stage TEAM Money
Participation Fee 32 Teams $1 Million Each
Group Stage(eliminated Teams) 16 $8 Million
Round of 16 (Losers) 8 $9 Million
Quarter Finals (Losers) 4 $14 Million
4th Place team 1 $18 million
Third Place Team 1 $20 million
Runner Up 1 $24 million
Winners 1 $30 million
Article of FaithNFA gives financial breakdown of FIFA 2014 World Cup largesseon December 18, 2013 / in Sports 6:02 pm / Comments
Abuja -The Nigeria Football Association (NFA) on Wednesday explained in detail, the a ...
read full comment
appearance fee will be paid from approved World Cup budget - Government spokesman Mahama Ayariga
Posted On Monday, 17th March 2014
Asamoah Gyan will be leading Ghana at the 2014 World Cup
By Ameenu Shardow
Follow on T ...
read full comment
USA coach Klinsmann's World Cup bonuses bigger than Ghana's entire budget
Posted On Wednesday, 19th March 2014
Jurgen Klinsmann will earn $10.5m if USA reaches the final of the World Cup
USA’s budget of $10.5m for thei ...
read full comment