The Super Eagles will pocket the sum of $35m should they go on to stun the world by winning the 2014 FIFA World Cup in Brazil.
This announcement was made by Fifa secretary general Jerome Valcke at a news conference following the Fifa executive committee which ended yesterday.
It entails a 37% increase in the prize money for the World Cup finals from $420 million in 2010 to $576 million at next summer’s tournament.
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The winners will pocket $35 million compared to $30 million four years ago, while the runners-up gets $25 million.