Gianni Infantino has announced FIFA’s intention for equal prize money by the 2027 Women’s World Cup.
The money would match the 2026 men’s World Cup by then, FIFA’s president has announced.
There will also be an additional $40m for team preparation money and for clubs who release players.
At the men’s World Cup last year in Qatar the prize money on offer totalled $440m.
Earlier, Sky News reported FIFA was working on improved pay and conditions for players at the Women’s World Cup.
A deal has been worked on around the FIFA Congress which is taking place in Kigali, Rwanda.
Concerns have been raised by players about prize money disparities ahead of the tournament in Australia and New Zealand later this year.
While the prize pool for the men’s World Cup in Qatar last year was $440m (£365m+), the cash to be split between teams is $60m (almost £50m) at the women’s tournament.
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The Women’s World Cup has also added teams since France 2019 with 32 rather than 24 finalists – including European champions England.
Female players have lobbied their global union FIFPRO to push FIFA for equal pay.
FIFA’s cash reserves have grown to $4bn.
Infantino has been re-elected as FIFA president for another four-year term at the governing body’s congress of 211 member associations. He was first elected president in 2016.
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