FIFA giving out biggest prize money yet at 2013 Confederations Cup
FIFA have ramped up the prize money at the upcoming 2013 Confederations Cup in Brazil with a estimated $20m to be shared amongst the competing nations.
The competition, which starts in June, will see the winner earn a total of $4.1m - a 14% rise from the winner's prize at the 2010 World Cup in South Africa.
The runners up will earn $3.6m, the third placed team will recieve $3m and the fourth placed team will go home with $2.5m.
The four remaining teams will all walk away with $1.7m for competing. Current champions Brazil received $3.75m in the last edition of the tournament.
The Confederations Cup is now gearing up after the announcement that current African champions Nigeria are set to join Brazil, Spain, Italy, Uruguay, Tahiti, Japan and Mexico in the traditional curtain raiser.