FIFA refuses clubs' demand for more World Cup cash

FIFA secretary general Jerome Valcke says he won't increase a $70 million payment to clubs who are demanding a bigger share of 2014 World Cup revenues.

Valcke says the 200-member European Club Association "want more money for 2014 and we say 'no, we have a current agreement'" for $70 million.

The ECA wants FIFA to follow European soccer body UEFA, which has offered clubs a bigger slice of European Championship profits. Clubs worldwide had been promised $73 million for letting players go to Euro 2012.

The ECA announced this week that UEFA had "substantially increased" that amount as part of a new accord.