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American Focus > Blog > World News > World Cup windfall to be invested in development
World News

World Cup windfall to be invested in development

Last updated: March 26, 2025 1:28 am
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World Cup windfall to be invested in development
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New Zealand Football chief Andrew Pragnell has outlined plans to invest the World Cup windfall in talent development to ensure the All Whites’ sustained success on the global stage.

The nation secured their spot in the 2026 World Cup finals in North America after defeating New Caledonia in the Oceania qualifying final. While FIFA has not confirmed the prize money for the 2026 tournament, teams that qualified for the 2022 World Cup received $10.5 million, with $1.5 million allocated for preparation costs.

The influx of funds will greatly benefit New Zealand, a country with limited professional teams and a sports market primarily dominated by rugby. Approximately 40% of the World Cup earnings will go to the players, with the remainder earmarked for grassroots initiatives and talent development pathways.

Pragnell emphasized the importance of sustainable growth within the sport, stating, “It is critical for the growth to be sustainable.” The success of the All Whites, currently ranked 89th globally, has been bolstered by the recent co-hosting of the Women’s World Cup in 2023 and the introduction of Auckland FC to the A-League.

Owned by American billionaire Bill Foley, Auckland FC has enjoyed a successful debut season, leading the A-League table with strong match-day attendances. The addition of a women’s team in the A-League Women will provide further opportunities for female talent in New Zealand to pursue professional football.

In the lead-up to the World Cup, fan engagement is expected to increase, mirroring the excitement that surrounded New Zealand’s qualification for the 2010 finals in South Africa. With key players like Chris Wood excelling in top European leagues, Pragnell believes it is time to raise expectations for the All Whites.

See also  MLS Cup Playoffs scores, schedule, bracket: Lionel Messi's Inter Miami on brink of elimination

“We’ve got a lot of players in Europe. And the quality continues to grow,” Pragnell remarked, highlighting the potential for New Zealand to make a significant impact at the expanded 48-team World Cup in 2026.

TAGGED:CupDevelopmentInvestedwindfallWorld
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