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LONDON: The International Cricket Council (ICC) announced on Thursday that it will distribute equal prize money to men's and women's teams from now on at its events.

In a statement, the governing body said teams at events such as the T20 and one-day international World Cups will receive equal prize money for both their finishing position in the tournament and winning a match at those events.

"This is a significant moment in the history of our sport," said ICC chair Greg Barclay.

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"I am delighted that men's and women's cricketers competing at ICC global events will now be rewarded equally."

Prize money at the last men's 50-over World Cup in 2019 totalled $10 million, nearly three times the $3.5 million on offer at the 2022 women's World Cup.

Football's governing body FIFA has come under fire for not introducing equal prize money at its World Cups.

The $152 million in prize money and player participation fees on offer at the upcoming women's football World Cup is still a fraction of the $440 million handed out to national associations at the 2022 World Cup in Qatar.

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