Georgian Billionaire Promises Soccer Team $10 Million Payout After Portugal Upset

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Georgian Billionaire Promises Soccer Team $10 Million Payout After Portugal Upset
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Bidzina Ivanishvili may not be done handing out prizes to his national side, either.

of Portugal in the European Championship, Georgia's soccer team appears set to receive a substantial monetary reward.told

Imedi TV in Georgia that he intends to gift members of the national soccer team 30 million lari for their success—the equivalent of about $10.7 million. Ivanishvili, 68, promised to pay out 30 million more lari if the Georgians beat Spain in the round of 16 on Sunday. Overlooked upon its qualification to the tournament, Georgia stunned observers by drawing the Czech Republic and beating the heavily favored Portuguese to reach the tournament's knockout stage. The former Soviet republic, which has navigated significantthis year, is better known historically for its prowess in sports such as wrestling and rugby.

The soccer team is led by Napoli midfielder Khvicha Kvaratskhelia, who opened the scoring Wednesday with a goal in the second minute.Patrick Andres has been a Staff Writer on the Breaking & Trending News Team at Sports Illustrated since 2022. Before SI, his work appeared in The Blade, Athlon Sports, Fear the Sword, and Diamond Digest. Patrick has covered everything from zero-attendance Big Ten basketball to a seven-overtime college football game. He is a graduate of Northwestern University.

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