The International Football Federation (Fifa) had previously provided few details about the expanded club team World Championship this summer, which will consist of 32 teams, but released the news about the prize money in a press release on Wednesday.
For a long time, it was not even clear which company would broadcast the 63 matches in the tournament.
In early December, it became known that the streaming service Dazn, owned by the Russian-British oligarch Len Blavatnik, had purchased the global broadcasting rights. The price tag is reported to have landed at around 10 billion kronor. Approximately the same amount that it is reported to have cost for Saudi Arabia's state investment fund Pif to step in as a minority owner in Dazn.
The completely new format of the men's club World Championship begins in Miami on June 15 and the final is played at Metlife Stadium outside New York, four weeks later.
