FIFA have revealed the prize money for the 2023 FIFA Women’s World Cup, with each Banyana Banyana player guaranteed who will be going to the tournament to take home R572,000.
FIFA confirmed the details on Wednesday, stating each and every of the 732 players in the tournament will get at least $30,000 (R572,000) as part of the overall prize pool of $110 million (R2.1 billion).
The document is not yet publicly available but was viewed by major publications, including The Athletic, Sky Sports, among others.
More than half of the overall money will go to the players taking part in the tournament taking place in Australia and New Zealand from 20 July to 20 August.
FIFA stated “a huge investment in women’s football and, for the first time ever, we are guaranteeing prize money for players”.
Players from the 16 teams who will not advance from the group stages are guaranteed $30,000, with that amount rising to $270,000 (R5.14 million) per player of the winning team.
- Group stage: $30k (R572,000)
- Round of 16: $60k (R1.14 million)
- Quarter Final: $90k (R1.71 million)
- 4th place: $165k (R3.14 million)
- 3rd place: $180k (R3.43 million)
- 2nd place: $195k (R3.71 million)
- Winners: $270k (R5.14 million)
Banyana have qualified for the second time for the Women’s World Cup after 2019 following their first ever triumph continental at the 2022 Women’s Africa Cup of Nations.
They were drawn in Group G alongside Sweden, Italy and Argentina. Desiree Ellis has named a 36-member preliminary World Cup squad, but will have to cut it down to 23 players for the tournament.
Federations such as the South African Football Association will also receive their cuts, with teams exiting at the group stages guaranteed $1,560,000 (R30 million), excluding the guaranteed bonuses for the players.
- Group stage: $1,560,000 (R30 million)
- Round of 16: $1,870,000 (R35.6 million)
- Quarterfinal: $2,180,000 (R41.5 million)
- Fourth place: $2,455,000 (R46.8 million)
- Third place: $2,610,000 (R50 million)
- Second place: $3,015,000 (R57.4 milion)
- Winners: $4,290,000 (R81.7 million)
The club’s of each participating players will also get “daily-rate payments” from an overall fund worth $11.5 million (R218 million) for releasing their players to national duty, Sky Sports reports.
The $110 million in overall prize money for the 2023 Women’s World Cup is three times of the prize pool from the 2019 tournament, but still a far cry from the $444 million (R8.5 billion) in prize money for the 2022 FIFA Men’s World Cup in Qatar.
FIFA president Gianni Infantino has set a target of equal prize money for men and women at their next World Cups in 2026 and 2027, respectively.
