Prize money of world cup 2010.

The total prize money offered for the world cup 2010 tournament has been confirmed by FIFA which is $420 million, a 60 percent increase on the 2006 tournament. Before the tournament, each participating team would receive $1 million, for preparation costs. Once at the tournament, teams exiting at the group stage would receive $8 million.

The prize money would be something like this:
* $9 million - Round of 16
* $18 million - Quarter-finals
* $20 million - Semi-finals
* $24 million - Runners up
* $30 million – Winners

This amount of money is not bad indeed. But can this compete with the lucrative amount of the European clubs?