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George Clarke

BIZARRE: New pay deal to net big wins for socceroos matildas - What They Never Told You

Matildas Socceroos FA World Cup Football Australia PFA

The Matildas and the Socceroos are preparing to celebrate a new pay deal with Football Australia. (Darren England/AAP PHOTOS)

The Socceroos and Matildas look set to be rewarded with a first-ever 50-50 split in prize money from World Cup performances as part of football's new collective bargaining agreement.

AAP understands Football Australia (FA) and the players' union (PFA) will announce a new four-year agreement on Wednesday after the previous deal lapsed in October.

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