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Jérôme Valcke, announced today that the prize money on offer had been increased 61% since the World Cup in Germany in 2006.

If any team side were to win the trophy they would receive a total of $31m (£18.7m). The runners-up will get $24m, semi-finalists $20m and the quarter-finalists $18m each. Teams that reach the second round will get $9m and even those eliminated in the group phase will receive $8m. Each team have already received $1m from Fifa towards their "preparation costs".

guardian.co.uk, Thursday 3 December 2009 21.30 GMT

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Q: What is the money price for 2010 world cup south Africa champion?
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