FIFA will compensate clubs $209M for 2018, 2022 World Cups

FIFA will compensate clubs throughout the world $209 million for releasing their players to the World Cup, the European Club Association (ECA) announced Friday. The $209 million will be paid in each of the upcoming two World Cups.

The deal is roughly tripled the amount that FIFA shared with clubs in the 2014 World Cup. The new agreement also factored in the "issue of possible compensation from FIFA for moving the 2022 World Cup in Qatar to November-December," FOXSports.com reported.

It will also provide a FIFA insurance policy that will pay injured players their club salary while they are on the national teams. During the 2014 World Cup, the FIFA insurance policy cost them $88 million, the Associated Press reported.

''We are taking a huge step forward in promoting relations between FIFA and the clubs in a spirit of mutual and constructive cooperation,'' FIFA President Sepp Blatter said in a statement.

"The agreement puts the emphasis on fundamental principles such as the promotion of training and player development as well as the sporting integrity of the competitions, in the interests of the game and its appeal to the public. It also includes provisions governing adherence to the International Match Calendar until 2018, and to the effect that the International Match Calendar for the following period (2019-2022) will be based on the same principles as the one currently applicable," the statement read.

Blatter signed the agreement with FIFA Secretary General Jérôme Valcke and ECA Chairman Kari-Heinz Rummenigge.

During a tournament, clubs will receive money every day that their players are on the national team.

This compensation is a drastic increase from the $40 million in 2010 and the $70 million in 2014. The UEFA does not pay clubs that much money for releasing players. For the upcoming 2016 European Championships, the UEFA will pay clubs $160 million for allowing their players to play on the national team.