Ruling on players
    contributing money towards buying prizes for the winner
Question

                What is your opinion on holding soccer
      tournaments where each team pays a sum of money as a subscription, and this money is spent
      on buying prizes which will be given to the winners and referees?
Praise be to Allah.What we think is that there are some reservations about
    giving prizes for games. These games are permissible so long as there is nothing haraam
    involved in them, such as uncovering ‘awraat, distracting people from their salaah,
    or players swearing at one another, all of which is haraam. If there is nothing haraam
    involved, then they are permissible and there is nothing wrong with them. But this taking
    contributions from all participants and giving it to the winner is not permissible,
    because the Prophet 
 (peace and blessings of Allaah be upon him) said, “There should
    not be any prizes except for archery, camel-racing or horse-racing.” (Reported
    by Abu Dawood, no 2574; al-Tirmidhi, no. 1700; al-Nisaa’i, no 3586, 3587; Saheeh
    al-Jaami’, no. 7498). An exception is made for these three
    activities because they help in jihaad for the sake of Allaah.
    Taking prizes in any other kind of contest is haraam, but some scholars
    such as Shaykh al-Islam Ibn Taymiyah said that there is nothing wrong with betting in
    matters of shar’i knowledge, because shar’i knowledge is a kind of jihaad for
    the sake of Allaah. Jihaad for the sake of Allaah includes jihaad with weapons and jihaad
    with knowledge. But we think that what is mentioned in the question is not permissible.
    And Allaah knows best.