The soccer's world governing body FIFA said on Thursday that the prize money for the 2010 World Cup teams would be increased by 60 percent.
After a meeting on Robben Island, South Africa, FIFA's executive committee approved the increase in prize money for the 2010 World Cup finals teams in South Africa from 261 million to 420 million US dollars.
FIFA secretary general Jerome Valcke said the winner will take home 31 million while each of the 32 teams will receive at least 9million from the first round.
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