Football's apex body also closed the vexed issue around Israel and Palestine without taking any action.
Addressing the media after a Council meeting held here on the sidelines of U-17 World Cup, FIFA President Gianni Infantino announced that the powerful body has approved an increase in the prize money for the 2018 FIFA World Cup in Russia to USD 400 million. It is a 12 per cent increase from the USD 358 million for the 2014 edition.
"We have taken a decision on the report of FIFA Monitoring Committee (of Tokyo Sexwale) on Israel-Palestine issue. The Council has taken note of all relevant documents including the United Security Council resolution. We have decided that FIFA cannot take positions on such documents. Due to complexities of the issue and great sensitivity due to certain de facto circumstances, we felt a non governmental organisation like FIFA cannot make changes unilaterally."
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"We have limitations and FIFA will have to be neutral in political matters. This territories are a concern of competent international public law authorities and any interference by FIFA in the status quo in this territories in terms of football matter will further aggravate the football situation not only in these territories but in the whole area.
"So, the FIFA Council has refrained from imposing any sanctions and declared the issue as closed until the legal and de facto framework has changed," he added.
The FIFA Council also ratified the decision of the Bureau of the Council of 6 September 2017 to approve the enhanced bidding regulations for the 2026 World Cup, and appointed the members of the Bid Evaluation Task Force.
The Council passed a resolution for the establishment of the FIFA Foundation, with the purpose of providing a solid legal and institutional basis for FIFA's social development initiatives. One of the core intentions of the FIFA Foundation will be to institutionalise a commitment of the FIFA legends to engage in such activities and act as promoters of the body's aims and objectives related to social development.
A decision was also taken to engage in consultation to discuss a review of FIFA's women, youth and club tournaments. A number of different draft formats will be submitted for discussion with the member associations at the FIFA Executive Football Summits as well as with the confederations and other relevant stakeholders.
The Council also approved the dates of FIFA tournaments. The FIFA U-20 Women's World Cup will be held in France from August 5-24 next year while Uruguay will host the FIFA U-17 Women's World Cup from November 13 to December 1 next year.
The FIFA Club World Cup will be held in the UAE from December 12 to 22 next year while the FIFA Women's World Cup will be held in France from June 7 to July 7 in 2019.
The PFA has contended that participation in Israeli tournaments of clubs from its own territory was a violation of FIFA statutes.
In March, the FIFA committee had threatened to suspend Israel from all international competitions if it continues to allow teams from settlements in the West Bank to play in the national league.
The matter was scheduled to be taken up in the FIFA Congress in May, but Infantino got it dropped from the agenda with a promise that the council meeting in Kolkata would decide the issue.