Here is the prize money on offer ahead of World Cup final between England and Spain

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The FIFA Women’s World Cup final will be played on Sunday in Sydney

FIFA Women's World Cup 2023 Trophy - AFP

England will face Spain in the final of the FIFA Women’s World Cup 2023 on Sunday at Stadium Australian in Sydney.

FIFA has already confirmed that US$110 million in total prize money has been allocated for the mega event.

Here's how much each team will earn depending on their progress at the tournament.

Group stage: $1,560,000

Round of 16: $1,870,000

Quarter-finals: $2,180,000

Fourth: $2,455,000

Third: $2,610,000

Runners-up: $3,015,000

Champions: $4,290,000

Here's how much each player will earn depending on their progress at the tournament.

Group stage: $30,000

Round of 16: $60,000

Quarter-finals: $90,000

Fourth: $165,000

Third: $180,000

Runners-up: $195,000

Champions: $270,000

Shedding light on the allocation of player prize money, FIFA president Gianni Infantino, said: “Under this unprecedented new distribution model, each individual player at the FIFA Women’s World Cup 2023 can now fully rely on remuneration for their efforts as they progress through the tournament.

"The captain that ultimately lifts the iconic FIFA Women’s World Cup Trophy on August 20 in Sydney will receive $270,000, as will each of her 22 teammates.

“The global salary of women’s professional footballers is approximately $14,000 annually so the amounts allocated under this unprecedented new distribution model will have a real and meaningful impact on the lives and careers of these players.

"Beyond this, all member associations will also receive a record financial distribution based on their performance, which they can use to reinvest back into football in their countries and which we believe will help to propel the women’s game even further.”

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