FIFA president, Gianni Infantino says FIFA will double its funding
for women’s football to one hundred billion dollar over the next four
years.
He said this today following a meeting of the world governing body’s council.
Infantino said the Council decided to put five hundred million in
addition to the five hundred million already budgeted.
FIFA had earlier said it is hoping to renegotiate contracts already
signed for the next women’s World Cup in 2023 as it looks to increase
the amount of money going to players.
Women’s football will feature heavily on the agenda at the meeting as
world football’s governing body plans to increase the number of
competing teams at the World Cup to thirty- two, up from twenty-four
at this year’s tournament in France.
The FIFA president, has already promised to double the prize fund for
the next tournament having initially raised overall contributions from
fifteen million dollars to fifty million dollars in time for this
year’s competition.
He said the money will come from the organisation’s vast cash reserves
of more than two point seven billion dollars saying they don’t need
all this money in the Swiss banks.
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