Geneva, Jan. 24 -- A record-breaking prize money will be awarded to the inaugural FIFA Women's Champions Cup winner, the world football governing body announced on Friday.

The final champion of the Women's Champions Cup will receive 2.3 million USD while the runner-up will earn one million, FIFA said.

The champions from every confederation will compete for the Intercontinental Club Title. The two semifinals are scheduled for January 28 at Brentford Stadium (Gtech Community Stadium) in London, Britain. The final will be played at Arsenal Stadium (Emirates Stadium) on February 1.

Gotham FC of the United States, the CONCACAF champion, will face SC Corinthians of Brazil, the CONMEBOL champion, in the first semifinal, while European champion ...