Football Association to Increase FA Cup Prize Money

The English Football Association is set to increase the prize money on offer in the FA Cup, with the focus of the initiative benefitting lower-ranked clubs.

Martin Glenn, Chief Executive of the FA, revealed that the association could raise prize money on offer, in the wake of lucrative new international rights deals being completed.

The FA agreed six-year media-rights deals with Pitch and IMG in October which were reportedly worth around $1bn collectively.

The FA Cup prize fund currently stands at £25m, but the Football Association is considering increasing this to increase distribution to lower-league clubs.

The Third Round of the FA Cup took place this weekend, with 10 teams from outside the top two divisions still in the draw.