Football ruling body, FIFA has increased the amount to be shared by 32 national teams competing at the 2018 World Cup to $400m (344 million euros).

The prize money at the previous edition in Brazil was $358m – $35m of which was awarded to champions Germany, with runners-up Argentina pocketing $25 million.

Countries who failed to advance beyond the group stage received $8 million.

At a meeting of the FIFA council in Kolkata, world football’s governing body also approved a decision to enhance the bidding regulations for the 2026 World Cup and appointed members of the bid evaluation task force.

Azeez