Financially, what's in it for a nation (or the team itself) that wins the World Cup?

Besides holding the World Cup for four years, what’s in it for a nation that wins the event?

Are there other monetary awards that are given to the individual players that come directly from FIFA?

From my perspective, it looks like it carries a lot of pristige but how does the county / team benefit financially?

cheers.

There is no financial benefit. It’s just prestige.

Apparently there actually is prize money:

[Winners get ] $31m (£18.7m). The runners-up will get $24m, semi-finalists $20m and the quarter-finalists $18m each. Teams that reach the second round will get $9m and even those eliminated in the group phase will receive $8m. Each team have already received $1m from Fifa towards their “preparation costs”.

In addition, many national associations give win bonuses to their teams, but that is not what the OP is after.

The players will be on performance bonuses from their home Association.

http://sport.stv.tv/football/181025-yankee-dollar-dandy-us-world-cup-bonus-outstrips-england-spain-brazil/

edit: Hmmm, didn’t read OP very closely, did I?

But mainly it’s about determining once and for all which nation is the greatest on earth: Mexico or Portugal!

I would imagine that there is also a slight increase in consumption within the winning country in the form of jerseys, pennants etc. But I don’t know how to quantify this.

All that money and not 10 cents spent on instant replay. They will probably start looking into replay around 2042.

Yes, but the teams don’t get the cash, it is simply the dollar value of the vuvuzelas that are awarded to the teams.

Just to clarify, these are national teams made up of club players. The prize money goes to the governing body for Football err…Soccer in the respective country who can do with it what they want.

The players see their own value raise, they’re in a much better position when they negotiate their next contract.

The sponsorship deals for the winning team will be better. In contrast iyt looks like Nationwide is dropping England after a renewal of “only” 20 million was turned down by the FA. Had they performed better, then maybe a deal would have been struck

Maybe it increases the chances of the nation hosting the World Cup in the future?

Only if they put the prize money in brown envelopes and redistribute it appropriately. :wink:

If performance were a factor in hosting the WC, South Africa would never be hosting it…

I’d always assumed that players and teams/clubs received no shortage of endorsement deals, I know that soccer isn’t as popular in the US, but worldwide, I’d say it makes no shortage of money. Even here in the US, I’ve seen these two commercials before:

*Note: I can’t use Youtube at work, the descriptions lead me to believe these are the ones I mean. If they turn out to be bogus, just alert a mod and let them do their job, and hopefully, forgive me.

Which makes it interesting to speculate on where the winnings would have gone if North Korea had won. Another nuclear bomb? Or cocaine and Japanese actresses?

According to some economists Holland winning the World Cup will increase our GDP growth by half a percentage point. I can safely say that I have spend at least three times as much on beer and food than I otherwise would have during this month.

Also, World cups are usually preceded by half (slight exaggeration) the country buying a new TV and all sorts of orange stuff. Super markets sell more because of the trinkets they give away with every 15 euros spend and I’m sure there are more industries benefitting.

Another effect of the World cup is that people are less productive because they watch the games. Our quarter final was on at 1600 hours and 11 million out of our population of 16 million watched the game - needless to say these are working hours…

Yeah, but when the owner of the company is sitting in the bar as well, who cares?