FIFA Boosts World Cup Payments to $12.5M per Team

0:00On April 30th, FIFA is dropping over $100 million in extra payments to World Cup teams, helping cover sky-high costs for the North, American Tournament. Their council approved bumping basic payments for each of the 48 federations to a minimum of $12.5 million. That's on top of expected revenues hitting at least $11 billion from the event kicking off June 11th across the U.S., Canada, and Mexico. Earlier this week in Vancouver, they hiked prep-cost support from $1.5 million to $2.5 million per team, and basic price. Money jumps by $1 million to $10 million. Some federations, especially from Europe, flagged that last year's set of wouldn't break even without a deep knockout run. Teams vented about hotel, travel, and those pesky U.S. taxes not waived like in Canada or Mexico. Back in Qatar for the 32-team World Cup, Argentina pocketed $42 million for the win from a $440

1:00million prize pool. This time, it's $655 million total, with $50 million for champs. FIFA's also tossing in $16 million more for delegation subsidies and extra tickets, while already handling business-class flights, lodging for. 50-person crews, domestic rides, and gear trucks, teams still foot insurance in any extra hotel bits. This boost lets federations lock in on the pitch, without sweating the bill, setting up a smoother ride to that June showdown. From around the world, powered by AI, this is Global News Today.