FIFA announced on Wednesday that the winners of this summer's Club World Cup in the United States will earn up to $125 million.

The winner of FIFA’s first 32-team Club World Cup in the United States could earn $125 million as details of a $1 billion prize money fund were finally published Wednesday. FIFA said it allocated $525 million in guaranteed fees for teams taking part in the June 14-July 13 tournament,

The FIFA Club World Cup is set to witness the biggest event in its 25-year history with 32 teams taking part in the tournament that runs from 14 June to 13 July in the United States. Here’s a breakdown of the prize fund that has been allocated for the tournament by the Zurich-based global governing body for the sport.