FIFA mini-world cup plan unveiled; Prize money more than traditional WC

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FIFA President Gianni Infantino has finally unveiled the plans to launch Global Nations League and football’s Mini World Cup. According to the news agency Associated Press, the plans backed by $25 Billion funds from international consortium were discussed by representatives of the six continental federations in Zurich. The highlight of the entire discussion was how lucrative the entire model can be for the top national football federations, who are projected to earn $75 Million every two years.

The tournament, known as the “Final 8”, would be the climax of a proposed global Nations League competition, part of an ambitious plan to reform international football which FIFA believes could be worth $25 billion in a 12-year cycle. Infantino had suggested that the new tournament would take place every October and/or November of every odd year starting from 2021.

The FIFA president during the discussions said that an international consortium, which last month tabled an offer to run the proposed competitions, would guarantee revenues of at least $25 billion over 12 years to create an expanded version of UEFA Nations league running on a two-year cycle for more than 200 national teams.

In a proposal from Infantino specific to Europe, Fifa forecasts that the five top countries could each be guaranteed to receive between $37.5 million and $50 million to play six games in the initial phase of the Nations League. Those that progress to the final eight would then land an additional $15 million and another $5 million for being runner-up or US$10 million for claiming the title.

The cumulative US$75 million for a European winner would dwarf the US$35 million received by Germany for winning the 2014 World Cup and the US$38 million on offer for the winner of this summer’s edition in Russia.

Fifa’s global format would begin with regional qualifying groups featuring promotion and relegation, which would then lead to intercontinental finals brackets in seven divisions. The top sides would then compete in an eight-team tournament comprising nations from five continents, including three European countries and two from South America.

Infantino’s letter added that the funding would also allow Fifa to expand the Club World Cup from an annual seven-team tournament into a quadrennial event for 24 participants. The Confederations Cup, which serves as a warm-up event for World Cup host nations, would be replaced by the expanded Club World Cup, which would see US$3 billion in revenue guaranteed for each edition by investors.

Infantino also moved to assure Fifa council members that the plans do not threaten the future of the World Cup.

Both the new Nations League and the Club World Cup would be run by Fifa, while an agency would be used to commercialise the competitions. Before any progress can be made, however, both tournaments still need to be approved by Fifa’s 37-member ruling council.