The World Cup has long been about lifting football’s most coveted trophy. Now, FIFA is betting that affluent fans will pay six figures for a piece of that glory, unveiling a luxury championship ring programme that could generate more than £220 million in fresh revenue.

The initiative, modelled on the championship ring tradition in American sports, marks the governing body’s latest push to transform football’s biggest tournament into an even more lucrative global commercial brand.

For the first time in the tournament’s 96-year history, World Cup winners will receive personalised championship rings alongside the iconic FIFA World Cup Trophy and the traditional gold medals. FIFA will produce 2,026 individually numbered rings, with 30 reserved for players and staff of the winning team, while the remaining 1,996 rings will be made available to collectors and fans as officially licensed memorabilia.

Although FIFA has not officially disclosed the retail price, British media reports estimate the collector’s editions could sell for as much as £112,000 ($150,000) each. If all 1,996 rings are sold at that price, FIFA stands to generate more than £223 million ($300 million) in gross revenue, making the collection one of the most expensive and potentially profitable merchandising initiatives in football history.