ANNOUNCEMENT

Worship with us @ Mountain of Fire Miracles Ministries, Budapest, Hungary Address: 1081 Bp II János Pál Pápa tér 2 (formerly Köztársaság tér) Direction: From Blaha, take tram 28, 28A, 37, 37A, 62...1 stop. From the traffic light cross to the other side... Or take Metro 4 & get off @ János Pál Pápa tér
Time of worship: Wednesdays @ 18:30 hr Sundays @ 10:30 hr
Tel: +36 203819155 or +36 202016005

God bless


Saturday, 12 July 2014

WORLD CUP BRAZIL 2014

How World Cup cash is paid to teams, players

RIO DE JANEIRO (AP) -- The most valuable and expensive World Cup ever will earn billions of dollars for FIFA, millions for the competing countries and thousands for the more than 700 players selected.


From its near $4.5 billion in revenue from broadcasters, sponsors, hospitality and licensing deals, FIFA distributes just over $400 million to the 32 national federations taking part in the tournament.
Here is how some of that money breaks down:
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FIRST PRIZE
The winner between Germany and Argentina in the final will get $35 million in prize money paid to its national federation, which can spend the money as it chooses.
That's $5 million more than the $30 million Spain took home from South Africa four years ago.
The runner up gets $25 million (up from $24 million in 2010), while the third- and fourth-place teams get $22 million and $20 million, respectively.
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PLAYERS' SHARE
FIFA lets national federations choose how to reward the 23 players on their squads.
The German federation last year promised all 23 players a 300,000-euro ($408,000) bonus for winning a fourth World Cup title.
That is the equivalent of a few weeks' basic wage for the German players who are employed by wealthy European clubs like Arsenal, Bayern Munich and Real Madrid.
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PRIZE POOL
Prize money for the other 28 federations who are eliminated before the semifinals stayed at the same level as in 2010.
Quarterfinalists get $14 million, round of 16 losers get $9 million and those which failed to advance from the group get $8 million.
How do they spend it? Four years ago, FIFA acknowledged it did not know if the $8 million paid to North Korea would stay within football there.
In addition, FIFA paid $1.5 million in advance to each of the 32 federations to prepare for the tournament — an increase of $500,000 from the 2010 tournament
That should have helped pay for training camps before arriving in Brazil and settle some player bonus issues which have traditionally dogged World Cup teams, especially from Africa.
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PAY TO PLAY
As usual, problems over paying bonuses exposed the financial problems of African federations and a fundamental distrust many players have for elected football officials.
Three of the five African teams — Cameroon, Ghana and Nigeria — were distracted by payment issues.
Cameroon's squad arrived a day late after refusing to board a plane, forcing their federation to take out a loan to ensure players got paid.

Ghana's government flew in $3 million in cash — after Brazil's government waived laws on moving currency — to avert a threatened strike by players who were reportedly promised between $75,000 and $100,000.
Nigeria players canceled a training session before its round of 16 loss against France to ensure its bonus payments were upheld. They were promised $10,000 each for every group stage win, and could have earned $102,500 in total for winning the title.
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FIFA PROMISE
FIFA secretary general Jerome Valcke said it was "sad" that bonus issues distracted from the football.
He pledged that, in the future, FIFA will seek written agreements from federations that players are contracted to receive their money before arriving in Russia in 2018.
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CLUBS' SHARE
Clubs who released the 736 players taking part in the World Cup will also get their share of FIFA's revenues.
FIFA has set aside $70 million to distribute at a rate of $2,800 per player per day that each was on World Cup duty. The money is shared between each player's current club and any other he played for in the two previous years during qualification matches.

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Editor's Mail

Love the article on Gaddafi
We must rise above tribalism & divide & rule of the colonialist who stole & looted our treasure & planted their puppets to lord it over us..they alone can decide on whosoever is performing & the one that is corrupt..but the most corrupt nations are the western countries that plunder the resources of other nations & make them poorer & aid the rulers to steal & keep such ill gotten wealth in their country..yemen,syria etc have killed more than gadhafi but its not A̷̷̴ good investment for the west(this is laughable)because oil is not in these countries..when obasanjo annihilated the odi people in rivers state, they looked away because its in their favour & interest..one day! Samosa Iyoha

Hello from
Johannesburg
I was amazed to find a website for Africans in Hungary.
Looks like you have quite a community there. Here in SA we have some three million Zimbabweans living in exile and not much sign of going home ... but in Hungary??? Hope to meet you on one of my trips to Europe; was in Steirmark Austria near the Hungarian border earlier this month. Every good wish for 2011. Geoff in Jo'burg

I'm impressed by
ANH work but...
Interesting interview...
I think from what have been said, the Nigerian embassy here seem to be more concern about its nationals than we are for ourselves. Our complete disregard for the laws of Hungary isn't going to help Nigeria's image or going to promote what the Embassy is trying to showcase. So if the journalists could zoom-in more focus on Nigerians living, working and studying here in Hungary than scrutinizing the embassy and its every move, i think it would be of tremendous help to the embassy serving its nationals better and create more awareness about where we live . Taking the issues of illicit drugs and forged documents as typical examples.. there are so many cases of Nigerians been involved. But i am yet to read of it in e.news. So i think if only you and your journalists could write more about it and follow up on the stories i think it will make our nationals more aware of what to expect. I wouldn't say i am not impressed with your work but you need to be more of a two way street rather than a one way street . Keep up the good work... Sylvia

My comment to the interview with his excellency Mr. Adedotun Adenrele Adepoju CDA a.i--

He is an intelligent man. He spoke well on the issues! Thanks to Mr Hakeem Babalola for the interview it contains some expedient information.. B.Ayo Adams click to read editor's mail
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