Fifa to hand out $1bn prize pot at expanded Club World Cup

• A quarter of prize money will go to clubs not taking part
• Winners may take home as much as $100m in summer

Fifa are to distribute $1bn (775m) in prize money as part of the expanded Club World Cup this summer, with a target of $250m to go to clubs not taking part in the competition.

The size of the prize fund is likely turn heads across the game. Some estimates suggest the winning club in the 32 team tournament could take home as much as $100m (77.5m); this would be equivalent to winning the Uefa Champions League, but after playing only six matches.