FIFA announced the prize money after its Executive Committee meeting on Thursday on South Africa’s Robben Island, the site of the jail where Nelson Mandela was imprisoned.
Bloomberg reports that the 2010 World Cup winner will get $30 million. The runner-up will get $24 million, and all teams participating will get $1 million.
Clubs who contribute players to teams competing in the World Cup will get $1600 per day, per player. This payment was agreed with clubs, who have promised not to pursue any claims or compensation through civil courts, but only through FIFA, or the Court of Arbitration for Sport.
At the executive meeting, FIFA also decided to keep the existing Olympics football tournament rules for the 2012 London Olympics, allowing teams to use players under 23 years old, plus three over-age players.
