The European football association has announced it has awarded €1 billion in prize money to a lottery that will decide the winner of the Uefas World Cup 2018.
The payout to the U.S. in the 2017 prize money was the first in a string of prize money awarded to a foreign country for its participation in the 2022 tournament.
The U.K. won the first of four prizes in the U19 World Cup in 2014, the U21 World Cup the following year and the FIFA U20 World Cup this summer.
In an open letter to the FIFA executive committee on Thursday, Uefs executive vice president Markus Dreyer said the U20 and U20 FIFA World Cups are “in line with the global spirit” of the competition and he was grateful for the “great work” of all the participating nations.
“The competition is a truly global affair, with thousands of players, coaches and administrators from across the globe taking part in the tournament,” Dreyers said.
“We want to give our thanks to all the teams, coaches, players, fans and fans of the United States, which has shown an outstanding commitment to its participation, especially in the age group.”
The Uefatas prize money pool was announced on Friday and was the second of the five largest prize pools announced by the association this week.
It was worth €500 million in 2017, €250 million in 2018 and €100 million in 2019.
The money for the 2019 prize pool was the fourth largest award in its history and the first ever awarded to an American country.
The money for 2022 was the sixth largest award and the fifth largest award.
U.S.-led soccer fans take part in a U.N. football friendly against Canada in Vancouver, B.C., March 26, 2021.
The prize money will be distributed over five years, with a total of $10.8 billion in prizes being awarded in 2018, $15.4 billion in 2019, $18.4 million in 2020 and $22.8 million in 2021.
That money will help fund the World Cup’s $3 billion investment in stadiums and stadiums projects across the world, Dreyering said.
In total, U.B.C. will receive €1,731 million for the 2023 tournament.
Canada will receive a €750 million payment for the 2024 tournament.
Mexico will receive the highest payout of €1 million.
Canada, Germany and England will each receive €100,000 each.
The total prize pool is expected to be at least $40 billion.
The award money for all other sports and events will come from the U, the federation’s general assembly.
Uefas executive committee is meeting next week in Zurich to discuss the details of the money, including the distribution of the prize money.