IHF will pay compensation for participation at WC! | Handball Planet

IHF will pay compensation for participation at WC!

The International Handball Federation will pay a compensation fee to all clubs releasing their players during World Championships  from 2011 on – and will insure all participating players during the WCH. Those were the results of the historical meeting of IHF with top federations and club organisations last Friday 17 September 2010 at the IHF Head Office in Basle.

The total amount of those compensation fees will be approximately 1 million Swiss Franc for every Men’s World Championship, starting with the tournament in Sweden in 2011. Those compensation fees are divided  in an IHF compensation for the players per day (not per match) and a club bonus system for the time of training and preparation the player spend  for the World Championships. The amount of the daily compensation will be in total 736.000 Swiss Franc, the bonus payment is 288.000 Swiss Franc.

Including prize money, compensations, qualification bonus, host fee and insurance the IHF grants a total cost of 3,774 million Swiss Francs for each Men’s World Championship. The prize money increased to a total of 450.000 Swiss Francs – 200.000 Swiss Francs for the title holder, 150.000 Swiss Francs for the Silver medalist, 75.000 Swiss Franc for the Bronze medalist and 25.000 Swiss Franc for the fourth ranked team.

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