The Matildas and Socceroos will split 40% of the commercial revenue generated by the two sides and, critically, 40% of the prize money generated by the two teams.
For the first time in world football, the Australian male and female footballers who represent the national soccer teams, the Socceroos and the Matildas, will earn the same pay and commercial rights in a landmark pay deal, it is being reported.
The Matildas, captained by Sam Kerr, will be guaranteed an equal share of commercial revenue with their male-team colleagues in a breakthrough agreement.
The Daily Telegraph reported the Football Federation Australia and the Professional Footballers Association union, which represented the players, are set to announce a world-first new pay structure which will see the Matildas become the first country in world football to be guaranteed an equal share of commercial revenue with their male-team colleagues, the Socceroos.
The article claims the Matildas and Socceroos will split 40% of the commercial revenue generated by the two sides and, critically, 40% of the prize money generated by the two teams. The prize pool for the men’s tournaments is, at present, far bigger than for the women’s equivalent.
Under the Australian deal, the prize money, broadcast deal revenue and ticket sale revenue will then be divided equally between the two teams despite the overwhelming majority of that revenue being generated by the male national side.
The landmark agreement comes after the PFA led the world in demanding FIFA shape up after the 2019 Women’s World Cup where the total prize money pool of US$30m, just 7.5 per cent of the total prize money pool for the men’s 2018 FIFA World Cup where the 32 teams competed for a share of US$400 million.
The two national teams will also see an increase in the total share of revenue in the game from 30% to 40%.
The pay equality packages will ensure that the Matildas players will no longer have to look for other ways of supplementing their playing income.
It was reported last year established Matildas players earn around A$130,000 — if they are lucky enough to get picked regularly while balancing the demands of playing football in leagues overseas and the W-League in Australia.
According to the report, both the men’s and women’s players were committed to changing the pay structure, with officials from FFA and the players union negotiating for months to alter the pay agreement.
The landmark deal, which is understood to have been agreed in principle and just requires legal ratification, is expected to be announced before the end of the week.
The Matildas take on Chile in Sydney on Saturday in the first of two Tokyo Olympics qualifying tune-up games against the South Americans.
The US women’s team, that won the 2019 Women’s World Cup, are involved in a lawsuit with their employers to try and reach equal pay with the less successful men’s national team.