Total prize money at the FIFA Confederations Cup Brazil 2013 will be up 14 per cent compared with the last edition in South Africa in 2009. In total a prize pool of $20m USD will be shared among the eight participating nations.

As well as the considerable prestige that comes with winning the Festival of Champions, which features the best sides from each continent, the victorious team in the 30 June final at the Maracana will take home a cool $4.1m USD. The runners-up, meanwhile, will earn $3.6m USD.

At the match for third place that same day in Salvador, a podium finish will not be the only thing up for grabs. The winner of that fixture will pick up $3m USD, while the team finishing fourth will go home with $2.5m USD. Teams eliminated during the group phase and finishing fifth, sixth, seventh and eighth will each receive $1.7m USD.

At the 2009 edition of the FIFA Confederations Cup the total prize fund was $17.6m USD million, with champions Brazil picking up $3.75m USD along with the coveted trophy.

Following Nigeria’s coronation at the 2013 CAF Africa Cup of Nations last weekend, the line-up for this year’s Festival of Champions is now complete. Joining the Africa champions in Brazil this June will be Spain, Italy, Japan, Mexico, Tahiti, Uruguay as well as the hosts.