Record £1.7m prize money for Women’s Champions Cup winners

According to Fifa, the inaugural Women’s Champions Cup winners will receive $2.3 million ($1.7 million), the biggest single award in women’s club football ever.

In January, Arsenal will play in the semi-finals of the first Women’s Champions Cup.

Fifa announced the new six-team competition last March, along with the debut of a 16-team Women’s Club World Cup.

The runners-up will earn $1m (£735, 000), the losing semi-finalists will get $200, 000 (£147, 000), while Auckland United of New Zealand and China’s Wuhan Chegu Jiangda, who both bowed out in the first round of the competition, will receive $100, 000 (£73, 500).

It was a “clear statement of the belief in women’s club football and the players, teams, and competitions driving its continued rise,” according to Fifa Secretary General Mattias Grafstrom.

The Women’s Champions Cup will be held annually, with the exception of the Women’s Club World Cup, which is a new Fifa event that will take place for the first time in 2028.

After winning the Women’s Champions League last year, Arsenal represent Europe in the tournament.

The two semi-finals will take place on Wednesday, January 28 at Brentford’s Gtech Community Stadium, which has around 17, 000 fans. In the first semi-final, Brazil’s Gotham FC face Brazil’s Corinthians (12:30 GMT), followed by Arsenal’s match with AS FAR (18:00 GMT).