Fifa World Cup 2022 prize money: how much does the winning team get in Qatar?


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The Fifa World Cup is undoubtedly the biggest sporting event on the planet. Nations from all continents fight tooth and nail to just gain the right to participate in the quadrennial event.

The 2018 tournament attracted a combined global viewership of 3.572 billion viewers – that is half the planet's population. According to Fifa, the final between France and Croatia alone attracted a combined global audience of 1.12 billion.

This year, 32 teams will once again fight for the ultimate prize. The venue is Qatar – the first time the finals has been staged in the Middle East.

Hosts Qatar will kick off the tournament at the Al Bayt Stadium on November 20 against Ecuador, with the final on December 18.

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What is the prize money?

Fifa has set aside a total prize pool of $440 million for the World Cup 2022. The breakdown is as follows:

Champions: $42 million

Runners-up: $30 million

Third place: $27 million

Fourth place: $25 million

Fifth-eighth place: $68 million ($17 million per team)

Ninth-16th place: $104 million ($13 million per team)

17th-32nd place: $144 million ($9 million per team)

In addition, each team that has qualified will receive $1.5m ahead of the competition to cover preparation costs. In the 2018 edition, winners France took home a cheque of $38m.

How many stadiums are there?

A total of eight venues will host matches during the finals. All venues have air conditioning system, allowing fans and spectators to enjoy the proceedings in comfort. The venues are Lusail Stadium, Stadium 974, Al Thumama Stadium, Al Bayt Stadium, Khalifa International Stadium, Ahmed bin Ali Stadium, Education City Stadium, and the Al Janoub Stadium.

How long will the tournament last for?

A total of 64 games will be played to decide the winners on December 18. This will be the last edition to involve 32 teams. The next World Cup in 2026 - to be held in United States, Mexico, and Canada – will see 48 teams participating.

What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

City's slump

L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
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Top financial tips for graduates

Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:

1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.

2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.

3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.

4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.

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Updated: October 11, 2022, 1:24 PM