Germany players will each receive €400,000 ($390,000) if they lift the World Cup, the country's football association announced on Sunday after thrashing out an agreement with the squad.
The reward for winning in Qatar is up from the €350,000 offered for the last tournament in Russia four years ago, when they crashed out in the first round, and the €300,000 they were each handed after winning in Brazil in 2014.
Clearing the group stage in Qatar will earn each player €50,000, while a spot in the last eight will net them €100,000 each.
Germany, desperate to make amends for their dismal 2018 performance, have been drawn in Group E along with Spain, Costa Rica and Japan.
A semi-final spot is worth €150,000 each, while winning third-place would earn €200,000 each. Losing in the final would be rewarded with €250,000.
“We had intense discussions in a good and constructive atmosphere,” said FA president Bernd Neuendorf following a meeting with team representatives Manuel Neuer, Thomas Muller, Joshua Kimmich and Ilkay Guendogan.
“At the end of the day we have found an acceptable solution for everyone.”
The Germans will be relieved to get the agreement before their Nations League clash with England on Monday.
The team can no longer reach the final four tournament following their defeat at home to Hungary.
That loss brought an end to Hansi Flick’s unbeaten run as coach since taking over from Joachim Low in July last year, and also shone a harsh light on his record so far.
Germany defeated Italy 5-2 in their previous match in June, but it was the team’s only win in the last six games during which they failed to keep a clean sheet in any of them.
Adding to Germany’s worry is the sense that Bayern Munich’s loss of form in the Bundesliga has spread to the national team, where the likes of Muller and Serge Gnabry in particular failed to spark against Hungary.
Germany sports director Oliver Bierhoff insists the aim is still to win the tournament. “The goal stays,” Bierhoff said. “OK, after this game, what can you say? But we start the [World Cup] tournament at zero.”
Bierhoff sees Monday's game as a chance of redemption, an opportunity to forget the loss to Hungary and atone for the defeat to England on Germany's previous visit to Wembley – a 2-0 loss in the round of 16 of the European Championship.
“We want to make amends, to find our game and gain confidence,” Bierhoff said. “We have to believe more in ourselves. And a game like that against Hungary doesn’t help. We have to make sure that we stand up to the English and implement the things that the coach demands.”
Flick was keen this weekend to take the pressure off his players, saying he was also at fault for not finding the right set-up for Hungary. He’ll have to make changes in London with Antonio Rudiger suspended.
Borussia Dortmund’s Nico Schlotterbeck is likely to come in for the Real Madrid defender in one of several changes at the back. Thilo Kehrer and Robin Gosens could also replace Jonas Hofmann and David Raum.
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Key facilities
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ENGLAND SQUAD
Joe Root (captain), Dom Sibley, Rory Burns, Dan Lawrence, Ben Stokes, Ollie Pope, Ben Foakes (wicketkeeper), Moeen Ali, Olly Stone, Chris Woakes, Jack Leach, Stuart Broad
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THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
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In numbers
- Number of children under five will fall from 681 million in 2017 to 401m in 2100
- Over-80s will rise from 141m in 2017 to 866m in 2100
- Nigeria will become the world’s second most populous country with 791m by 2100, behind India
- China will fall dramatically from a peak of 2.4 billion in 2024 to 732 million by 2100
- an average of 2.1 children per woman is required to sustain population growth
The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
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- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
UAE currency: the story behind the money in your pockets
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Panipat
Director Ashutosh Gowariker
Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman
Rating 3 /5 stars
