FIFA plans Women’s World Cup bonus increase for 2023

FIFA plans Women’s World Cup bonus increase for 2023
FIFA, world soccer’s governing body, is looking to increase bonus payments to players at the 2023 Women’s World Cup, according to French news wire service Agence France-Presse (AFP).

The organisation’s President, Gianni Infantino, had already pledged to more than double the prize money for the 2023 tournament, up to US$60 million, with the number of teams also increasing from 24 to 32 at the next edition.

Now FIFA plans to renegotiate contracts that will allow it to boost its bonus offering to players in four years’ time, although it has not been speculated how much the cash offering will be, with AFP reporting the fees would be ‘much greater’.

It comes ahead of a FIFA Council meeting in Shanghai on 24th October, an event where the organisation is expected to confirm plans already announced by Infantino to double funding for women’s soccer to US$1 billion over the next four years. The money will come from FIFA’s cash reserves, which exceed US$2.7 billion.

The meeting on Thursday will also confirm the host of the expanded 24-team Club World Cup in 2021, with China apparently the only country under consideration.

Furthermore, Infantino will likely use the event to continue to press his case for the creation of a Women's World League for international teams, as well as a women’s Club World Cup. A decision on both of these is expected in March next year.

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