Separate Bonuses for Coach Bento and Coaching Staff
On the morning of the 3rd (Korean time), the national team players who secured a 2-1 victory over Portugal in the Group H third match of the 2022 Qatar World Cup held at Education City Stadium in Al Rayyan, Qatar, are celebrating their advancement to the round of 16 as the second place in the group. The South Korean national football players, who rewrote the "Miracle of Doha," have secured a reward of 160 million KRW per player. They will receive even more rewards if they advance to the quarterfinals.
Led by coach Paulo Bento, South Korea won 2-1 against Portugal in the third group stage match of Group H at the 2022 FIFA Qatar World Cup, held on the 3rd at Education City Stadium in Al Rayyan, Qatar.
With a record of 1 win, 1 draw, and 1 loss, South Korea tied with Uruguay but ranked second in the group due to a higher goal difference, achieving the feat of reaching the Round of 16 for the first time in 12 years since the 2010 South Africa tournament.
◆Base reward 20 million KRW, 30 million KRW per win, 10 million KRW per draw
The players will also receive substantial rewards.
According to the Korea Football Association (KFA), the Qatar World Cup has the highest reward amount set among all tournaments in which South Korean football has participated.
Players included in the final squad receive a base reward of 20 million KRW each, with an additional 30 million KRW for each win and 10 million KRW for each draw.
Therefore, based on the group stage results, the players are scheduled to receive a total bonus of 60 million KRW, consisting of the base reward of 20 million KRW plus 40 million KRW for 1 win and 1 draw.
◆100 million KRW for Round of 16, 200 million KRW for quarterfinals
In addition, players will receive 100 million KRW each as a reward for advancing to the Round of 16.
So far, including the association's match allowances and the Round of 16 reward, each player is set to receive 160 million KRW.
If they defeat Brazil in the Round of 16, the reward per player will increase to 200 million KRW.
The total reward amount paid to players upon reaching the Round of 16 reaches 4.8 billion KRW. If they advance to the quarterfinals, it increases to 7.8 billion KRW.
Coach Paulo Bento and the coaching staff also receive separate rewards according to their contracts.
◆Total World Cup prize money 625.6 billion KRW 'Money Festival'
Meanwhile, the total prize money for this Qatar World Cup, featuring 32 countries, is 440 million USD (approximately 625.6 billion KRW).
This is 40 million USD more than the 400 million USD prize money of the 2018 Russia World Cup.
The winning country receives 42 million USD (approximately 59.7 billion KRW), and the runner-up receives 30 million USD. The 2018 winner's prize was 38 million USD, and the runner-up's was 28 million USD.
Even countries eliminated in the group stage receive 9 million USD, about 12.8 billion KRW, making it literally a "money festival."
The total prize money distributed to the 16 countries that do not advance to the Round of 16 exceeds 200 billion KRW.
Countries advancing to the Round of 16 receive 13 million USD, those reaching the quarterfinals get 17 million USD, third place receives 27 million USD, and fourth place 25 million USD.
◆Compensation also paid to clubs of participating players... expected to exceed 300 billion KRW
FIFA's "money bundle" is not limited to prize money.
FIFA also pays compensation to clubs worldwide that sent players to the World Cup.
In the 2018 Russia World Cup, Jeonbuk Hyundai Motors, which had three players participating from the K League, received 697,595 USD, approximately 760 million KRW at the exchange rate at that time.
At that time, Manchester City (England) received over 5 million USD in compensation from FIFA.
The amount FIFA is expected to pay to each club as compensation for the 2022 Qatar World Cup is anticipated to exceed 300 billion KRW.
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