Thursday, June 10, 2010

Prize Money of $US420 million Reserved for 2010 FIFA World Cup

Like any other football world cups, the South Africa 2010 football world cup will also churn out with dollops of entertainment this time. A game with all highs, lows, celebrations and disappointments will turn out to be a complete family entertainment just like its predecessors. In the picturesque land of South Africa, the 32 qualified teams will battle for the world class honor for their respective countries. The heroes of the game will fight till the last to perform and display the seemingly impossible game with the emotions, blood, sweat, tears and passion of the players.

FIFA as an oldest organization have acknowledged the tremendous hard work and effort of the players and have fixed a total prize money of $US420 million. The organization has also decided that the prize money will be distributed among the team members only after considering their over all performance in the tournament.

For the status and legacy of the tournament the prize money of $US 420 Million dollar has been fixed. Not only this, the prize money has been increased 60% to what it was in the year 2006 world cup. There was meeting held at the Robben Islands where the President of the FIFA organization, Sepp Blatter with 24 men executive committee announced that the champions of the tournament will receive a cash prize of $US 30 million whereas the 1st runner up will take away the cash prize of $US 20 million.

With this, the General Secretary of FIFA, Jerome Valcke also announced a sum of $US 40 million for the best clubs of the world. This money will be shared with those clubs whose players are participating in the World Cup. For the insurance of the players from the clubs, a sum of $US 40 million has been set aside.

Jerome claimed that each and every club will receive a cash prize of $1600 per day per player whose players are playing in the world cup. All the 32 teams will get a total prize money of $US 1 million prior to the commencement of the tournament.

The teams will fight against each other for the prize money as well as for the beautiful world cup in the cities of Cape Town, Durban, Johannesburg, etc. The tournament begins on 11th June, 2010 and will end on 11th July.

Lets blow three cheers for the world cup, the teams, the players and lastly the host South Africa.