Tuesday , July 16 2024

Women’s World Cup players to receive $30,000 individual bonuses

FIFA’s 2023 Women’s World Cup bonus package will for the first time ever ensure that each player in the event will receive an individual bonus of at least $30,000.

FIFA’s announcement that it will distribute the prize money to individual players is unprecedented.

The association has in the past doled out its bonus money to national football federations rather than the players themselves.

This year’s $30,000 bonus is more than double the average female player’s annual salary, which is some $14,000, according to a 2022 FIFA survey.

The prize money is part of a $110 million bonus package FIFA announced in March.

These players’ funds are separate from money FIFA will divide among the cup’s participating teams, of which the championship team will receive $4.29 million, while teams that do not make it past the group stage will get $1.56 million. FIFA said that this money will be used by the individual nations’ football federations to pay for expenses related to preparing for and participating in the tournament, and for football development activities.

Vietnamese players are attending the 2023 Women’s World Cup for the first time.

They will be taxed after receiving the bonus from FIFA.

The 2023 Women’s World Cup bonus fund is three times higher than it was in 2019 ($30 million). USA, the 2019 champion, received $4 million, while the eight teams that did not make it past in the group stage received $750,000 each.

In addition to the bonus package, FIFA will also gift a total of around $11.5 million to clubs that send players to the tournament.

FIFA hopes that the money given to the federations will be used for football activities, including development projects and programs for coaches and youth teams. FIFA will audit the federations’ spending of the funds.

The increase in prize money at this World Cup is due to an increase in the number of participating teams, from 24 to 32. In addition, many organizations and individuals have lobbied for a narrowing of the gap in prize money compared to the men’s World Cup.

FIFA’s bonus fund at the 2022 World Cup for men was $440 million, of which champions Argentina and the runners-up France earned $42 million and $30 million.

FIFA President Gianni Infantino has said the organization wants to bring the men’s and women’s World Cup bonus to the same level by 2026 and 2027. However, this is a difficult task because the bonus difference between the two tournaments is four-fold, and the number of teams for the men’s tournament will increase from 32 to 48.

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