Chelsea's Enzo Maresca and Manchester City's Pep Guardiola have the prospect of the Club World Cup this June and July

Manchester City and Chelsea stand to gain up to £97 million each in prize money from the revamped FIFA Club World Cup this summer.

The expanded 32-team tournament boasts a total prize fund of £775 million, with £407 million allocated for participation and £368 million based on performance. This dwarfs the Premier League prize money, where even champions Manchester City earned £175.9 million last season.

Participation fees are weighted, with European clubs earning more than those from other continents. The top-ranked European team could receive £29.6 million just for taking part. Winning all group games and the final would net a club the maximum £97 million.

Group stage wins earn £1.5 million, with increasing rewards for progressing through the knockout stages, culminating in £31 million for winning the final.

Manchester City and Chelsea, qualifying as recent Champions League winners, are positioned to potentially earn the largest prize money ever awarded in club football over the seven-game competition, held in the United States from June 15 to July 13.

The Club World Cup has expanded from an annual seven-team event to a 32-club tournament held every four years. FIFA President Gianni Infantino emphasized that the distribution model reflects the “pinnacle of club football.”

Twelve European teams will participate, determined by Champions League performances over the past four seasons, with a maximum of two clubs per country.

This excludes Liverpool but includes Chelsea (2021 winners) and Manchester City (2023 winners), along with other top-ranked European sides.

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