Okonjo-Iweala Calls for More Investment in Women’s Football

May 2, 2023
Okonjo-Iweala

By Adedapo Adesanya

The Director-General of the World Trade Organization (WTO), Mrs Ngozi Okonjo-Iweala, has called for more investment in women’s football, joining the Federation of International Football Association (FIFA) to boost revenue in the sport.

Mrs Okonjo-Iweala, a one-time Nigerian finance minister, made this point during Making Trade Score for Women!, a series of panel discussions held at the WTO’s headquarters in Geneva, Switzerland, where she spoke alongside FIFA President, Mr Gianni Infantino.

“I hope the broadcasters are listening to what the FIFA President is saying about bidding higher for the Women’s World Cup as this is a real opportunity to support women’s football, and I hope they’ll take you up on your offer,” she said in response to call from the body’s president that the offers from broadcasters were disappointing.

Mr Infantino complained that the European broadcasters offered low rates for the upcoming tournament scheduled to hold in Australia and New Zealand from July 20 to August 20.

The FIFA President also added that the time difference to Europe should not be an excuse for the low offers.

“It doesn’t make any economic sense because the viewing figures are there. Maybe, because it is in Australia and New Zealand, it’s not played in prime-time in Europe, but still, it is played at 9 am or 10 am, so it is quite a reasonable time,” he said.

He explained that the revenue from the commercial programme would be reinvested entirely in women’s football.

He said that FIFA had already set an example by increasing the prize money to be shared by the 32 teams at the FIFA Women’s World Cup 2023 to $152 million, treble the amount paid in 2019 and ten times more than in 2015, prior to his election as FIFA President.

However, he said that FIFA still had to sell media rights for the tournament to some major markets because the offers were undervalued.

“The offers from broadcasters, mainly in the ‘Big 5’ European countries, are still very disappointing and simply not acceptable based on four criteria,” he said. “Firstly, 100 per cent of any rights fees paid would go straight into women’s football, in our move to promote actions towards equal conditions and pay.

“Secondly, public broadcasters in particular have a duty to promote and invest in women’s sports.

“Thirdly, the viewing figures of the FIFA Women’s World Cup are 50-60% of the men’s FIFA World Cup (which in turn are the highest of any event), yet the broadcasters’ offers in the ‘Big 5’ European countries for the FIFA Women’s World Cup are 20 to 100 times lower than for the men’s FIFA World Cup.

“Finally, and concretely, whereas broadcasters pay USD 100-200 million for the men’s FIFA World Cup, they offer only $1-10 million for the FIFA Women’s World Cup. This is a slap in the face of all the great FIFA Women’s World Cup players and indeed of all women worldwide.”

“To be very clear, it is our moral and legal obligation not to undersell the FIFA Women’s World Cup. Therefore, should the offers continue not to be fair (towards women and women’s football), we will be forced not to broadcast the FIFA Women’s World Cup in the ‘Big 5’ European countries.

“I call, therefore, on all players (women and men), fans, football officials, Presidents, Prime Ministers, politicians, and journalists all over the world to join us and support this call for a fair remuneration of women’s football. Women deserve it! As simple as that!,” the FIFA President added.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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