The 8 countries to participate in the 2013 FIFA Confederations Cup in Brazil will share total prize money of $20 million.
This amount is up 14% compared to the last edition in South Africa in 2009.
The winning team will take home the trophy as well as $4.1 million at the June 30 final at Maracana, Brazil. The runner-up will receive $3.6million.
The winner for third place will take $3 million while the team finishing fourth will go home with $2.5 million. Teams eliminated during the group stage and finishing fifth, sixth, seventh and eighth will each receive $1.7 million.
At the 2009 edition of the FIFA Confederations Cup, the total prize money was $17.6 million, with champions Brazil picking up $3.75million along with the coveted trophy.
Following Nigeria’s coronation at the 2013 CAF Africa Cup of Nations on February 10th, the line-up for this year’s Festival of Champions is now complete; joining the host nation will be Spain, Italy, Nigeria, Japan, Mexico, Tahiti and Uruguay.