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World News

World Cup: Canada’s salary exceeds 10 million US dollars

Doha, Qatar-

Canada will leave the World Cup with US$10.5 million from FIFA for its participation in the men’s soccer showcase.

The 41st-ranked Canadians, who opened the tournament with a 1-0 loss to second-place Belgium, were knocked out of the knockout round after a 4-1 loss to Croatia on Sunday. Canada will return home after playing number 22 Morocco on Thursday to complete Group F.

The total prize money for the 32-nation tournament in Qatar is US$440m, with teams that failed to make it out of the group stage like Canada – those who finish 17th to 32nd – each receive US$9m Americans.

In addition, the 32 participants received $1.5 million before the tournament to cover preparation costs.

To put these gains into context, Canada Soccer’s annual operating budget is C$30 million.

The players’ share of Canadian prize money is part of ongoing working negotiations for a first collective agreement between the men’s players’ association and Canada Soccer. Both sides said pay equity with the women’s team, which is negotiating a new deal on its own, will be a cornerstone of the agreement.

Canada’s participation in the World Cup – its first appearance in the final since 1986 – has already raised the sport’s profile and likely sponsorships at home with millions of eyes on Canadian men.

The final winner in Qatar will receive US$42 million in prize money and the runner-up will win US$30 million.

This then drops to US$27 million for the third-placed team, US$25 million for the fourth-placed team, US$17 million for each of the fifth- to eighth-placed teams, and US$13 million for the ninth-placed team. in 16th place.

The total purse for the 2018 tournament in Russia was US$400 million, compared to US$358 million in 2014 in Brazil.

Jamie Lowery, a member of the 1986 World Cup squad, said he won C$1,000 for each of Canada’s three games at the tournament in Mexico.

The Americans won $4 million of the $30 million purse at the 24-team Women’s World Cup in France in 2019.

FIFA President Gianni Infantino has offered to double the prize money for the 2023 women’s tournament in Australia and New Zealand, which will feature an expanded field of 32 teams.

In November, Infantino told the FIFA Executive Summit in Doha that FIFA’s year-end revenue would be $7.5 billion, more than $1 billion more than expected. , with year-end spending forecast at $6.5 billion.

Infantino said the profits would be invested “immediately in football”.

This report from The Canadian Press was first published on November 27, 2022

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