The prize money for the 2026 FIFA World Cup is set to be boosted again, as FIFA seeks to increase the amount to be awarded to all countries. The governing body is currently negotiating with national federations and hope to have the proposal dealt with at a council meeting before the annual congress. The possible hike is a sign of FIFA’s increased financial clout. With revenues set to surpass $11 billion between 2023 and 2026, the organisation is seeking to share more money in world football.
It’s not just about reward; it’s about supporting the financial health of all participating teams. Previous statements have already revealed a substantial increase, with $655 million allocated in total prize money. This represented a 50% boost from the last World Cup. Today, FIFA is considering further improvements, with the possibility that the 2026 World Cup will be the richest of all time. The latter is a central element of this strategy. With an increased number of teams (48) participating in the tournament, FIFA hopes to see smaller footballing nations receive more financial support. This may boost their competitiveness and increase funding for grassroots football.
The move is part of FIFA’s development agenda too. The governing body plans to use its Forward initiative to invest in infrastructure, training and football development in its 211 member federations. The 2026 World Cup, hosted by the United States, Canada, and Mexico is already set to be the biggest and most-watched World Cup. Once accepted, the boost in prize money will cement FIFA’s desire for the World Cup to be not only the world’s largest sporting event, but also the most lucrative for football.
