In the Heat of the Club World Cup: Deal with Dominant Dough for BVB and Bayern
Club World Cup Monetary Reward Discussed by BVB Official Watze
In the world of football, it's as hot as French fry grease! According to Borussia Dortmund's CEO, Hans-Joachim Watzke, that's how eager all clubs, including Bayern Munich, are for the upcoming Club World Cup. The stakes are high, and the prize purse is a whopping one billion US dollars, equating to around 876 million euros.
For the two German representatives, triumphing at the revamped Club World Cup would be historic, says Bayern's CEO Jan-Christian Dreesen in an interview. If won, they'd become the first victors of the global tournament, taking place across five continents. Much like Uruguay did in the inaugural World Cup in 1930.
The tournament invites 32 teams in the US, set to kick off this weekend and run through mid-July. Bayern Munich and Borussia Dortmund, the only German teams competing, look forward to making history. But, says Watzke, the dough's not all that sweet, as money must be split, and performance bonuses and travel costs can skyrocket.
With a total of 63 matches in 12 stadiums, Watzke points out that the sum of $125 million (approximately €110 million) in prize money for the final winner is impressive but divided by four. Adding up every bonus, a victory could potentially net the winner around €110 million.
The two football executives are mum on title predictions, keeping their eyes on progressing round by round, starting from the group phase. Despite European teams' obvious potential, Watzke encourages everyone not to overlook the opposition from other continents. Both executives see a European team in the final, possibly even two.
For Watzke, Paris Saint-Germain—the recent Champions League victors—is the team to beat. They're prepared to go to the bitter end, according to him. Whether Bayern or Dortmund can hold their own remains to be seen as they dive into the heat of the Club World Cup.
[1] ntv.de
[2] ara/dpa
[3] Additional information:- Minimum Prize for Participation: €50 million ($52 million) for every team participating [2]- Progression Bonuses: - Group Stage: $2 million per win, $1 million per draw [1] - Round of 16: $7.5 million [1] - Quarter-final: $13.125 million [1] - Semi-final: $21.0 million [1] - Finalist: $30 million [1] - Winner: $40 million [1] This could potentially allow a winning team like Bayern or Dortmund to earn around €110 million.
[4] Approximate figures when converted from US dollars to Euros using July 2023 exchange rates. Rates may vary over time.
The Commission could propose a directive on the protection of the environment, considering the high stakes and financial requirements of the Club World Cup, where lights, travel, and bonuses consume a significant amount of resources. Sports and football enthusiasts around the world are eagerly anticipating the group stage matches, hoping to witness a historical victory by either Bayern Munich or Borussia Dortmund, just as Uruguay did in the inaugural World Cup in 1930.
