The 2023 FIFA Women’s World Cup will kick off on July 20 and the tournament is already making history. This tournament will have 32 participating nations for the first time, and FIFA announced a new financial distribution model ahead of the competition. The new model will include guarantee players will receive record distributions beginning with the group stage.
“Under this unprecedented new distribution model, each individual player at the FIFA Women’s World Cup 2023 can now fully rely on remuneration for their efforts as they progress through the tournament,” said FIFA President Gianni Infantino.
The financial contribution is earmarked explicitly for players at the World Cup, with participating member associations to receive distributions to use toward football development in their respective countries. As teams advance in the tournament, players can achieve increased prize money. FIFA’s total investment in the upcoming World Cup is budgeted to exceed $500 million.
“The global salary of women’s professional footballers is approximately $14,000 annually so the amounts allocated under this unprecedented new distribution model will have a real and meaningful impact on the lives and careers of these…