• Fri. Mar 24th, 2023

Women’s Globe Cup prize money to improve by 300% to $150 million, says FIFA President Gianni Infantino

ByEditor

Mar 18, 2023

(CNN) The prize money for the 2023 FIFA Women’s Globe Cup will improve by 300% to $150 million, FIFA President Gianni Infantino told delegates at the 73rd FIFA Congress in Kigali, Rwanda on Thursday.

Even although the Women’s Globe Cup prize money is now three occasions the 2019 figure and ten occasions further than in 2015, prior to when Infantino became FIFA president, it is nonetheless substantially lower than the $440 million total prize money awarded at the men’s Globe Cup in Qatar final year.

Infantino created the prize money announcement in his closing remarks at the FIFA Congress, hailing an “historic journey for women’s football and for equality” that “will lead us to a path to equal devote.”

“For the initially time ever, I (approach to) dedicate a unique portion of this payment, which mainly has to go to football improvement, but a unique portion of that require to go of course to the players,” Infantino stated, in announcing step two of his three-step approach.

Step a single, Infantino stated, “will be equal situations and options for all guys and ladies playing at a Globe Cup,” a reference to provisions such as accommodation and flights.

“This will be a reality at present for the Cup in 2023, the extremely very same situations for the Globe Cup (in) ’22 will be for the players and coaching personnel in the Women’s Globe Cup in ’23,” the 52-year-old Infantino stated.

Infantino delivers his closing remarks at the FIFA Congress in Kigali.

He added that step three “will be the most complicated a single” and “would incorporate a committed marketing and marketing and advertising tactic for the women’s game.”

“Our mission will be capable to have equality in payments for (the) 2026 men’s and 2027 women’s Globe Cups,” Infantino stated.

Final year, the United States Women’s National Group (USWNT) earned further money — $six.5 million — from its male equivalent reaching the knockout stages of Qatar 2022 than it did from winning Globe Cup tournaments in 2015 and 2019.

‘Actions and not just words’

According to Reuters, Infantino also criticized broadcasters for supplying in involving ten and a single hundred occasions substantially significantly less money for the Women’s Globe Cup than for the men’s tournament.

“FIFA is stepping up with actions and not just words,” he stated. “Sadly, this is not the case with just about every particular person across the industry. Broadcasters and sponsors have to do further.”

Infantino also promised that FIFA will create record revenues of $11 billion by the finish of the subsequent monetary cycle in 2026.

In a statement on Thursday, FIFPRO, soccer’s worldwide players’ union, stated it celebrates the progress created by FIFA in light of the prize money improve, which it stated marks a step towards “greater equity and equality” in the industry.

Australia and New Zealand will co-host the 2023 Women’s Globe Cup, which runs from July 20 till August 20.

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