European countries still expect to lose money at World Cup despite prize fund increase
European nations wanted more merit-based prize money
High costs of travel and hotels will exceed Fifa payouts
A number of leading European countries still expect to lose money at the World Cup despite Fifa increasing the prize and participation fund by $112m (£82m) this week.
The main host federation, US Soccer, is also understood to be forecasting an operational loss on the tournament, although that will be more than offset by a projected $100m windfall from a revenue-sharing agreement from ticket sales with Fifa that will also benefit the two other co-hosts, Canada and Mexico. Continue reading...
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