FIFA to pay out $100M in extra cash to help cover World Cup teams' costs in North America
FIFA is set to distribute over $100 million in additional funds to World Cup teams to address rising costs in North America. The governing body has increased basic payments to federations and raised financial support for pre-tournament expenses. This decision comes as teams express concerns over potential losses due to the financial structure of the tournament.
- ▪FIFA's ruling council agreed to raise basic payments to each federation by $2 million, bringing the minimum to $12.5 million.
- ▪The financial support for pre-tournament training will increase from $1.5 million to $2.5 million.
- ▪FIFA will allocate an additional $16 million in subsidies for team delegation costs.
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