FIFA is increasing the prize money for the 2023 Women’s World Cup by 300% compared to the 2019 tournament. And equal prize money could be on the horizon.
The international governing body for soccer wants to equalize prize money for the men’s and women’s World Cups by 2027, FIFA president Gianni Infantino said Thursday.
For this year’s tournament, prize money will increase from $30 million in 2019 to $150 million total. Of that prize fund, $110 million is pure prize money. Of the rest, $31 million will go toward preparation funds, and $11 million will go toward club benefits.
The 2022 men’s World Cup offered $440 million in prize money.
The announcement came after a group of players from 25 women’s national teams lobbied with global union FIFPRO to push FIFA for equal pay.
“FIFPRO, its member unions, and the players welcome FIFA’s announcement regarding conditions and prize money for the 2023 Women’s World Cup following a letter signed by FIFPRO and 150 players from 25 national teams calling for change,” FIFPRO wrote in a statement.
“Through the voice and solidarity of players around the world over months and years of campaigning, significant progress has been made in the conditions, prize money, and prize money redistribution for the 2023 FIFA Women’s World Cup.
“The progress announced today demonstrates the intent of the players and FIFA to work proactively towards greater equity and equality for the industry.”
During Infantino’s speech Thursday, the newly re-elected FIFA president said his organization is not holding back equal pay. Instead, he placed the blame with the broadcasters and TV networks who are not offering enough money for the women’s tournament.
In October, FIFA rejected a number of offers for the rights to the World Cup, criticizing them for being “too low.”