Ghana’s Sports Minister, Mustapha Ussif, has stated that the country has received its portion of FIFA money for the 2022 World Cup.
FIFA declared a total prize money pool of $1 billion prior to the event in Qatar, indicating a considerable 29% increase over previous editions. Based on their success in the World Cup, the 32 participating teams received $440 million of this total.
Following Ghana’s early elimination from the tournament, a total of $10.5 million was granted to them, exceeding their initial expectations. The allotment featured a $2.5 million participation fee and a $8 million prize pool.
“The GFA has written to the Ministry that FIFA has transferred the prize money of the 2022 World Cup to the FA,” Minister Ussif confirmed at a press conference on Wednesday in Accra.
While discussing the plans for utilizing the cash, the minister stated that the country’s sports infrastructure is also being improved. He stated that the Ghana Football Association (GFA) has showed interest in improving Prampram’s infrastructure.
Ghana’s debut in the 2022 World Cup was their fourth in the renowned competition. Although the squad had obstacles and was eliminated after the group stage, the allocation of FIFA financing is considered as a boost for future sports development in the country.