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Aston Villa will receive a welcome cash boost from FIFA due to the participation of their players in the World Cup.

Ahmed Elmohamady, Mile Jedinak and Birkir Bjarnason have been flying the claret and blue flag in Russia.

Elohamady's Egypyt finished bottom of Group A, Jedinak's Australia ended up bottom of Group C and the same happened to Bjarnason's Iceland in Group D.

Despite the players' early exits, Villa are set to bank a payment under the FIFA Club Benefits Programme.

This is a scheme undertaken by FIFA designed to compensate clubs who send players to the World Cup, which began at the 2010 World Cup in South Africa, according to Leeds Live.

A total of $209million is earmarked for the clubs who send players to the tournament - and Villa will get a share.

FIFA's website says that clubs are paid $8,530 (£6,502) for each day that their player is at the tournament.

That runs from two weeks prior to the opening game until the day after their side is knocked out.

If a player has been registered with another club in the last two years, then that club will also take a slice of the fee, which equates to a third.

That applies to each of Villa's World Cup stars with Elmohamaday having joined from Hull last year, Bjarnason from Basel last year, and Jedinak from Crystal Palace in 2016.

With Egpyt having played their final game on Monday 25 June, Villa are owed 27 days compensation for right-back Elmohamaday.

Once Hull's slice has been taken out, Villa's payment is £116,036.

Australia and Iceland both played their last games on Tuesday 26 June, so Villa are owed 28 days compensation each for Jedinak and Bjarnason.

With the previous sides factored in, Villa will receive £121,370 for each midfielder - which means the club will bank £359,777 overall thanks to their trio at the tournament.

And they will also be owed a fee due to Carlos Sanchez's participation after Colombia made it to the quarter-final stage before being beaten by England.

The midfielder left to join Fiorentina in 2016 and Villa will be entitled to a third of the payment given to the Italian club.

(Image: Carl Court/Getty Images)

The cash will provide a welcome boost to Villa who are in the midst of a financial crisis following the Championship play-off final defeat to Fulham in May.

BirminghamLive understands that owner Tony Xia rejected a 51 per-cent offer from a European bidder last month.

A financial package that would have met his requirements of up to £40million of investment was put forward - but he knocked it back.

Negotiations with two other serious bidders are now planned as the Chinese owner tries to find a way out of the current mess.

More Villa news

Ross McCormack has been excluded from Aston Villa’s training camp in Portugal, BirminghamLive understands.

Steve Bruce has flown his players out to the Algarve to whip them into shape for the forthcoming campaign, but £12million misfit McCormack has been left at home.

Bruce has previously tried to reintegrate McCormack into his squad following their infamous bust-up 18 months ago with the Scot given a chance to impress prior to the beginning of last season.

However, Bruce decided last summer that McCormack has no future at Villa Park and packed the striker off to Australia for a loan stint with A-League outfit Melbourne City.

Despite McCormack’s goal rush Down Under, Bruce didn’t bring him back into the first team fold at Bodymoor Heath upon his return to the UK in January.

And Bruce has now reaffirmed his stance that there’s no way back for McCormack.

McCormack, who turns 32 next month, is available for transfer this summer as Villa look to slash their wage bill.

The former Cardiff City and Leeds United forward is believed to earn in excess of £40,000 per week at Villa Park which makes him one of the club’s biggest earners.

poll loading What should Aston Villa do with Ross McCormack? 7000+ VOTES SO FAR Get him involved and make him play Sell him on the cheap/give him away Leave him on the sidelines picking up his cash

McCormack hasn’t played a Championship match for Villa since the 1-0 defeat to Wolves on January 14, 2017.

He made a couple of cameos off the bench in the Carabao Cup last season as Bruce rested his first XI, but the Glaswegian failed to impress.

Those charged with balancing the books at B6 are currently exploring ways to get McCormack off the books. McCormack has two years remaining on the lucrative four-year deal he signed at Villa.