Thursday, 12 June 2014

FIFA

FIFA

The 2014 FIFA World Cup is the 20th FIFA World Cup, an international men's football tournament that is taking place in Brazil from 12 June to 13 July 2014. It is the second time that Brazil has hosted the competition, the last one being in 1950. Brazil was elected unchallenged as host nation in 2007 after the international football federation, FIFA, decreed that the tournament would be staged in South America for the first time since 1978 in Argentina, and the fifth time overall.

The national teams of 31 countries advanced through qualification competitions that began in June 2011 to participate with the host nation Brazil in the final tournament. A total of 64 matches are to be played in 12 cities across Brazil in either new or redeveloped stadiums, with the tournament beginning with a group stage. For the first time at a World Cup Finals, the matches will use goal-line technology.

With the host country, all world champion teams since the first World Cup in 1930 (Argentina, England, France, Germany Italy, Spain and Uruguay) have qualified for this competition. Spain is the defending champion, having defeated the Netherlands 1–0 in the 2010 World Cup final to win its first World title. The previous four World Cups staged in South America were all won by South American teams

Prize money

The total prize money on offer for the tournament was confirmed by FIFA as US$576 million (including payments of US$70 million to domestic clubs), a 37 percent increase from the amount allocated in the 2010 tournament. Before the tournament, each of the 32 entrants will receive US$1.5 million for preparation costs. Once at the tournament, the prize money will be distributed as follows:

US$8 million – To each team eliminated at the group stage (16 teams)
US$9 million – To each team eliminated in the round of 16 (8 teams)
US$14 million – To each team eliminated in the quarter-finals (4 teams)
US$20 million – Fourth placed team
US$22 million – Third placed team
US$25 million – Runner up
US$35 million – Winner

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