England's players will reportedly scoop a £350,000 bonus each should they go all the way and win the World Cup in Brazil.
The Three Lions will travel to South America next month to get their campaign underway with a Group D clash against Italy on June 14.
According to the Daily Mail, terms with Club England were settled last January following negotiations between the Football Association and the players' representatives.
Reports have claimed that the team's match fees during the tournament will be donated to charity.