FIFA Confederations Cup Prize Money
FIFA Confederations Cup Prize Money ? What is the FIFA Confederations Cup Prize Money2017? Have you wanted to find out what the FIFA Confederations Cup Prize Money is? Well, if you have then worry not because we have prepared an article and list on the FIFA Confederations Cup Prize Money 2017 as officially announced by Football governing body FIFA
2017 Confederations Cup prize money
The FIFA Confederations Cup 2017 took place from 17 June to 2 July 2017. For the first time in the history of the tournament it was won by Germany. It was attended by world champions Germany, hosts Russia, and the champions of all six confederations – Australia (AFC), Chile (CONMEBOL), Mexico (CONCACAF), Portugal (UEFA) and New Zealand (OFC), with Africa’s representative to be determined in February 2019.
FIFA Confederations Cup Prize Money Confirmed!
The Football governing body ”FIFA” has officially announced the FIFA Confederations Cup Prize Money 2017 which has still shown a 15% increase compared to the 2009 Confederations Cup in South Africa. In the year 2017 the total prize money is $20 million which will be shared amongst the teams despite the position they finish, not that they will share equally but each team will get some amount from it, the break down of the prize money has been displayed below.
FIFA Confederations Prize Money Distribution Among The Teams
How much money did the winner of the final get as prize money? The winner of the tournament got $4.1 million while the runners up got $3.6 million, third place finisher got $3.0 million, fourth place finisher got $2.5 million then the rest got $1.7 million each.
FIFA Confederations Cup Prize Money (Confirmed)
Here is the prize money break down for the teams at the FIFA Confederations Cup 2017 in Russia. Enjoy!
|TEAM POSITION||PRIZE MONEY IN USD|
How is the FIFA Confederation Prize Money Raised?
FIFA Confederations Pirze money is derived during the traditional FIFA four year cycle which include 1 world cup. During the last cycle FIFA generated record $4.8 billion in revenue from 2011 to 2014 of which half $2.5 million is from the TV rights and other 30% comes from ticketing, marketing rights, hospitality and licensing.
After the money has been generated almost half is paid to the FIFA World Cup teams and the remainders are kept for the FIFA Confederations Cup.
FIFA Prize Money 2017 Confederation Cup
From the complete income practically half is spent by costs which incorporate prize cash granted in FIFA World Cups and little rate is kept for competitions, for example, Confederations Cup.
FIFA additionally reported another 22% expansion in the all out prize cash pool set to be appropriated in 2018 FIFA World Cup. So the world Cup is the leader competition for FIFA which adds up to around 85% of the income created in each multi year cycle. FIFA will authoritatively reported the 22% expansion for World Cup 2018 prize cash later in 2017 where victors of 2018 competition can bring home as much as %50 million.
2021 Confederations Cup
The 2021 Confederations Cup was again set to be hosted. However, this time FIFA has recently announced, 15th March 2019 to be exact that the Confederations Cup has been abolished this time. It will instead be now a new tournament. FIFA will be organizing the FIFA club world Cup now.
However, this does not mean that the whole tournament of Confederations Cup has been abolished. So it just means that the 2021 edition of the tournament has been suspended.
What happens to the 2021 Confederations Cup Prize Money
With no tournament being held, obviously no team will have to be paid. What will happen now is that the money for the tournament will be kept by FIFA as additional revenue. Hence they will attempt to use it or some of it in the FIFA 2021 Club World Cup. Hence the rest of the money will be kept away.
History of the Confederations Cup
The Confederations Cup has a few precursors, however the most established is broadly acknowledged to be the Copa D’Oro, which was held in 1985 and 1993 between the victors of the Copa America and the European heroes.
In 1992, Saudi Arabia sorted out the King Fahd Cup just because and welcomed a couple of the local bosses to play a competition with the Saudi national group. Hence they played the competition a second time in 1995 preceding FIFA chose to assume control over its association. The first FIFA Confederations Cup occurred in Saudi Arabia in 1997 and was played at regular intervals until 2005. FIFA then made the competition quadrennial.
Previous winners of Confederations Cup
Brazil has won the cup multiple times, more than some other group. So the initial two years (1992 and 1995) were really the King Fahd Cup, yet FIFA retroactively perceived the victors as Confederations Cup champions.
- 1992: Argentina
- 1995: Denmark
- 1997: Brazil
- 1999: Mexico
- 2001: France
- 2003: France
- 2005: Brazil
- 2009: Brazil
- 2013: Brazil
- 2017: Germany
Confederations Cup layout
The eight groups are part into two round-robin gatherings, and they play every one of the groups in their gathering. So the top groups in each gathering play the sprinter up from the other gathering. Hence the victors meet for the title, while the losing groups play for third spot.
So the groups play up to two additional times of 15 minutes each. Hence this is if the chance that a game is tied in a playoff round. Hence in the event that the score stays tied, the game is chosen by a punishment shoot-out.
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