On Wednesday, the International Football Federation (FIFA) published details regarding the distribution of financial prizes for the 32 clubs participating in the Club World Cup scheduled to take place from June 14 to July 13, with a total value of one billion dollars.

A total of 475 million dollars will be allocated for sporting performance and 525 million dollars for participation.

The club that wins the title will receive up to 125 million dollars, while European clubs will receive the largest share, ranging from 12.81 to 38.19 million dollars.

South American clubs will receive 15.21 million dollars, while clubs from CONCACAF, Asia, and Africa will each receive 9.55 million dollars.

FIFA President Gianni Infantino clarified that “the distribution model represents the largest financial prize awarded for a competition of this kind.”