FIFA World Cup 2018 prize-money increased

FIFA World Cup 2018 prize-money increased
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Highlights

The prize money for the 2018 FIFA World Cup in Russia has been increased by 12 percent, Federation President Gianni Infantino said here after the council meeting on Friday. FIFA\'s strategic body approved an increase in the prize money to a total amount of $400 million -- 12 per cent up from the $358 million of the 2014 edition.

Kolkata: The prize money for the 2018 FIFA World Cup in Russia has been increased by 12 percent, Federation President Gianni Infantino said here after the council meeting on Friday. FIFA's strategic body approved an increase in the prize money to a total amount of $400 million -- 12 per cent up from the $358 million of the 2014 edition.

The FIFA Council also ratified the decision of the Bureau of the Council of September 6 to approve the enhanced Bidding Regulations for the 2026 FIFA World Cup, and appointed the members of the Bid Evaluation Task Force.

"We want the bidding process to be bullet proof. So the criteria is more stringent for bidding," Infantino told reporters here. According to the bidding regulations, the Task Force must be composed of the chairpersons of the Audit & Compliance Committee and the Governance Committee -- in this case, Tomaž Vesel and Mukul Mudgal respectively -- as well as a member of the Organising Committee for Competitions, together with experts from the administration: Deputy Secretaries General Zvonimir Boban (football) and Marco Villiger (administration).

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