FA issues breakdown of World Cup money
Posted on: 9-Dec-2009
Source: Ghanafa.org
MEDIA RELEASE
GHANA AT 2010 FIFA WORLD CUP DRAW IN SOUTH AFRICA
The Ghana Football Association attended the FIFA 2010 World Cup draw in Cape Town, South Africa on 4th December 2009. Some of the important issues that came up at the draw are as follows:
• Each Participating Member Association (PMA) would be entitled to $1,000,000 (One Million Dollars) preparation money payable in December 2009.
• For the preliminaries of 3 matches, each PMA will receive $8,000,000 (Eight Million Dollars) payable after the competition.
• Each PMA will receive 50 business class air tickets from the country’s capital to South Africa and back.
• FIFA will pay $400 (Four Hundred Dollars) per member of the PMA’s delegation per day to cover the cost of accommodation and feeding. In case the above cost exceeds FIFA’s allowance, the PMA will be responsible for the payment of the difference.
• A total amount of $40 million will be allocated to participating member associations to pass on to the clubs from their associations who have helped to contribute to the successful staging of the competition. Taking into account the total number of teams, players and the duration of the 2010 FIFA World Cup South Africa, a ‘per player per day’ amount of approximately $1,600 will be paid.
• All remuneration of any kind (e.g. appearance fees, bonuses etc.) paid by the PMA to the Players in connection with their participation in the Championship, remuneration for friendly matches staged in South Africa before the Championship, and any other income received from the PMA for footballing activities in South Africa is liable to income tax in South Africa (“Taxable Income”).
The term “bonuses” used here refers to all special, results-based, incentive or any other bonus payments made by the PMA on the basis of specific results achieved during matches at the Championship in South Africa, irrespective of the differing terms used to describe these, such as World Cup bonus, semi-final bonus or win bonus.
KOFI NSIAH
(GENERAL SECRETARY)
