2023 Women’s World Cup Prize Money: Record-Breaking Boost in Prize Money

The 2023 FIFA Women’s World Cup is all set to kick off on July 20 and it’s shaping up to be a truly historic tournament. For the first time ever, 32 nations will be participating, adding to the excitement. But that’s not all—the tournament is also making waves off the field. FIFA has just announced a brand new way of distributing the prize money, and its great news for the players. Starting from the group stage, players will receive the highest-ever payouts, guaranteeing them a substantial share of the prize money. This move is a big step forward in recognizing and supporting the talent and efforts of women in football.

The prize money for the 2023 Women’s World Cup has received a significant boost, with a total of $150 million allocated for the tournament. This marks a remarkable 300% increase compared to the prize money offered in 2019. While this is certainly a positive development, it’s important to note that the amount is still only around one-third of the prize money awarded to the men’s teams in the 2022 World Cup held in Qatar. Despite the progress, there is still work to be done in achieving greater gender equality in terms of prize money in football.

“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 money set aside for the Women’s World Cup will directly benefit the players participating in the tournament. Additionally, the member associations of each participating country will also receive financial support to invest in football development within their own countries. As teams progress through the tournament, players will have the opportunity to earn higher prize money. In total, FIFA’s investment in the upcoming World Cup is expected to exceed $500 million.

To put this in perspective, the average salary for women professional footballers globally is around $14,000 per year. Therefore, the funds allocated through this new distribution model will have a significant and meaningful impact on the lives and careers of these players. Furthermore, all member associations will receive a substantial financial distribution based on their performance, enabling them to reinvest in the growth of women’s football within their countries. This support is expected to drive further progress in the women’s game.

The captain who leads her team to victory and lifts the famous FIFA Women’s World Cup Trophy in Sydney on August 20 will receive a prize of $270,000. What’s more, each of her 22 teammates will also be awarded the same amount. This significant financial reward acknowledges their outstanding achievement and celebrates their hard work and dedication throughout the tournament.

2023 Women’s World Cup Prize Money: Financial Allocations per Player and per National Association

Here are the financial allocations per player and per national association for the Women’s World Cup:

Player Financial Allocations (in U.S. dollars):

• Group Stage: $30,000
• Round of 16: $60,000
• Quarterfinal: $90,000
• Fourth place: $165,000
• Third place: $180,000
• Second place: $195,000
• Champions: $270,000

Financial Allocations for Participating Member Nations:

• Group Stage: $1,560,000
• Round of 16: $1,870,000
• Quarterfinal: $2,180,000
• Fourth place: $2,455,000
• Third place: $2,610,000
• Second place: $3,015,000
• Champions: $4,290,000

These allocations outline the varying amounts of prize money that players and national associations will receive at different stages of the tournament. The figures progressively increase as the teams advance further in the competition, with higher amounts awarded for reaching the later stages and ultimately becoming the champions.