Absolutely - And FIFA is putting up the 6.4 MILLION DOLLAR prize fund for the Women's World Cup (World Championships) this year. The winning team takes home one million.
In Pool any PROMOTER can BUY themselves a "World Championship". They can change the rules, change the game, invite whom they wish, and basically do just about whatever they like as long as they pay the sanctioning fee from the WPA. Matchroom has done it. Every year they change something from the break to the qualifying rules. Randy Goldwater has done it by staging a "World Championship" where some obviously unqualified players were invited and qualified players were made to play in satellite events in order to try for a berth.
The WPA is horribly understaffed. The sport of competitive billiards is about as fragmented as a sport can be.
Can anyone name another sport or game that has so many variations as billiards? And everyone claims to be the "governing body" (I hate that term).
It is no wonder then that we get so much debate over these events when the creation of them is mired in a non-transparent and political swamp.