FIFA to pay out $100M in extra cash to help cover World Cup teams’ costs in North America
FIFA is paying out more than $100 million in extra cash to World Cup teams to help cover higher-than-expected costs of being in North America.
FIFA’s ruling council agreed Tuesday to increase the basic payments to each federation by $2 million to a minimum of $12.5 million. The governing body is expecting revenue of at least $11 billion for the tournament in the United States, Canada and Mexico that starts June 11.
Some of the 48 federations, especially from Europe, told FIFA that the prize money structure and payments for preparation costs that had been set last year would see them lose money on the tournament unless their team went deep into the knockout rounds.
Teams playing games in the United States also face some tax obligations that are exempted in Canada and Mexico.


