Corinthians To Receive Big Payout If They Win The Copa Libertadores
A Copa Libertadores crown could "bring in close to R$30M ($14.4M)" for São Paulo based Corinthians, according to iG. If they can get past Argentinian rivals Boca Juniors, the sum of prize money from the tournament given to them by event organizer CONMEBOL, plus sponsorship money and the money that will be awarded for participating in the FIFA Club World Championships as a result of winning the tournament, will "guarantee a large fortune" for the club. Presently, Corinthians has already "scooped close to R$10M ($4.8M) from the games played in the Pacaembu" stadium. Hosting the decisive game will bring in another R$2M ($960,000). CONMEBOL has already awarded the team R$220,000 ($105,600) for the group stage games, R$325,000 ($155,900) for the round of 16, R$420,000 ($201,500) for the quarter finals, R$560,000 ($268,700) for the semifinals and R$580,000 ($278,300) for the finals appearance. In addition, "the champion receives a prize of R$4.2M ($2M)." The team also "took advantage of the visibility" from competing and doing well in South America's largest club competition to profit from sponsors. The marketing department "succeeded in bringing in close to R$7M ($3.4M)." Finally, winning the competition would also result in "extra money" because the club would be entered in the FIFA Club World Championships, which results in another R$4M ($1.9M) from FIFA for competing (iG, 6/28). Corinthians traveled to Argentina Wednesday, and tied the first leg with Boca Juniors 1-1. They will play again in São Paulo next Wednesday and a win will guarantee the Brazilian club their first Copa Libertadores title ever (SBD Global).