ICC open 'to bridge gap between women and men's prize money', says CEO

ICC's chief executive Geoff Allardice has said. The game's apex body plans to bring in parity in prize money for finishing positions in its men's and women's tournaments in the next eight-year cycle starting from 2024 to 2031.

Allardice made the statement after being pointed out that the winners of the ongoing Women's ODI World Cup in New Zealand will be richer by just one-third of the prize money won by the 2019 men's World Cup winners. "One of the things that we did at the start of the cycle was we projected through this event cycle - most of the ICC's finances are done with an eight-year view - and what we've been trying to do over this cycle is bridge the gap between the women's prize money and the men's prize money," Allardice was quoted as saying by ESPNcricinfo.com.

"We are about to start discussions around the next cycle and one of the starting points for that discussion is going to be trying to get parity for the finishing positions of teams in women's events and comparable men's events. So we're not there yet, but we're on the journey to getting towards prize money parity." Even though the ICC had doubled the prize money of the ongoing Women's ODI World Cup to $1.32 million, it is still $6.5 million less than what was given away at the 2019 men's ODI World Cup, which England won.

The ICC official, however, said that an expansion of the Women's ODI World Cup from eight to 10 teams will only happen in 2029. "We're coming from a long way back and we're making progress in that (prize money disbursement) area.

In terms of where we're at, I mean, the tournaments have got a different number of teams; they're different lengths. "What we're trying to come up with for the next cycle when we've got the opportunity to