The 32 national teams competing at the 2018 World Cup will share $400 million (344 million euros) in prize money, a 12 percent increase from the 2014 tournament, FIFA said Friday.
The purse at the previous edition in Brazil was $358 million -- $35 million of which was awarded to champions Germany, with runners-up Argentina pocketing $25 million.
READ | FIFA World Cup 2022 could benefit India economically, says top Qatar official
By contrast, countries who failed to advance beyond the group stage received $8 million.
At a meeting of the FIFA council in Kolkata, world football’s governing body also approved a decision to enhance the bidding regulations for the 2026 World Cup and appointed members of the bid evaluation task force.
READ | Marco van Basten hails quality of football at FIFA U-17 World Cup
Dates for several upcoming FIFA tournaments, including next year’s Club World Cup in the United Arab Emirates and the 2019 Women’s World Cup in France, were also confirmed.
{{/usCountry}}Dates for several upcoming FIFA tournaments, including next year’s Club World Cup in the United Arab Emirates and the 2019 Women’s World Cup in France, were also confirmed.
{{/usCountry}}READ | Why is Lionel Messi crying blood? This chilling ISIS poster will make you shudder
The 2018 Club World Cup will run from December 12 to 22, while the Women’s World Cup in 2019 is scheduled to start on June 7 with the final to take place on July 7.