FIFA announced the budget to invest for 2018 Russia World Cup. A total of 1948 Million USD will be spend on 21st FIFA World Cup infrastructure, game development, tournament progress, teams, branding, television production, prize money, ticketing, hospitality and much more.
Football’s biggest governing council to spend lion’s share on local organization. That means facilities, branding of competition in the Russia region. FIFA allocated 627 USD million for this purpose. Prize money of 2018 world cup is set to be 400 USD Million. Interestingly prize money investment is increased from 2014 edition where it was 358 USD Million.
FIFA revealed the budget allocation in it’s recently released financial report 2016 during FIFA’s 67th congress in Manama, Bahrain. The complete breakdown of investment budget for FIFA World Cup Russia 2018 has been given below.
Investment Budget for 2018 FIFA World Cup
|Investment Area||Budget Allocation (USD Million)|
|Club Benefits Programme||209|
|Other FWC Russia||100|
|Preparation Cost for Mas||48|
|Event Insurance Costs||32|
|FIFA Fan Fest||6|
|Competition Result System||5|
|Total Budget||1948 Million USD|
Download PDF: Investment budget for 2018 FIFA World Cup
The 2018 FIFA World Cup is going to be 21st edition of prestigious football competition. Brazil became first nation to qualify for the flagship event that will be contested between 14 June and 15 July 2018.