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– Ahead of this year’s FIFA World Cup in Russia, the prize money for the winner of the title has been revealed
– The last team standing at the tournament will cart away a sum of $38 million while the runners up will go home with $28 million
The winners of the 2018 edition of the FIFA World Cup in Russia will go home with nothing less than $38 million (£28 million) after the tournament ends in mid-July.
This year’s edition of the championship kicks off on Thursday, June 14, with host nation Russia battling Saudi Arabia for their first three points of the competition.
According to the Associated Press, the world football governing body, FIFA in October increased the overall prize money for the tourney to $400 million (£297 million).
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Nigeria and the remaining 31 countries will be given $8 million (£6 million) each for their appearance fees for the competition, the same amount that participating teams got at the last edition in Brazil.
Meanwhile, teams that fail to progress beyond the round of 16 stage at this year’s edition will earn $12 million (£9 million).
FIFA are said to have paid all qualified countries $1.5 million preparation fees, while the first 16 teams that will crash out at the group stage will earn $8 million.