Iceland’s Football Association (KSÍ) could secure USD 9 million (ISK 1 billion, EUR 6.6 million) in funding from FIFA should Iceland win in the playoffs.
Laugardalsvöllur stadium. Photo: Páll Stefánsson/Iceland Review.
Head of KSÍ, Geir Þorsteinsson, told ruv.is that last time the South American teams which secured a place in the World Cup received around USD 9 million and suspects that it will not be less this year.
“This is of course a lot of money which will transform the operations of KSÍ … but we’re not going to get ahead of ourselves, our first task is of course to get into the World Cup.”
As reported, Iceland will come up against Ukraine, Portugal, Greece or Croatia in the 2014 World Cup playoffs in mid-November. Geir told ruv.is that the association does, however, not receive a special grant for entering the playoffs.