Argyle will have less money from a FA Cup run

The FA have announced a cut in prize money for next season’s FA Cup.

Following Saturday’s FA Cup final, details have been revealed for the 2020/21 competition, with the FA confirming that the coronavirus pandemic has hit prize money for the tournament.

Prize money was at record levels for the past two seasons but will now be back in line with the money received in 2017/18.

It means a cut of 50 per cent in prize money for the winners of the competition.

Arsenal scooped £3.6million for winning the FA Cup on Saturday with a 2-1 victory over Chelsea but the winners of next season’s competition will now receive £1.8million.

The FA have also confirmed the initial dates for next season’s competition, with the extra preliminary round set to take place on September 1.

Fourth round qualifying will be held on October 24, with dates for the first round proper and beyond to be confirmed in due course.

With the first round usually held the opening weekend in November, the current schedule suggests the competition will not be delayed too much by a delayed start, with some qualifying rounds taking place in midweek to make up for lost time.

2020/21 FA Cup prize money (2019/20 money in brackets)

First round winners (£36,000) - £22,629

Second round winners (£54,000) - £34,000

Third round winners (£135,000) - £82,000

Fourth round winners (£180,000) - £90,000

Fifth round winners (£360,000) - £180,000

Quarter-final winners (£720,000) - £360,000

Semi-final losers (£900,000) - £450,000

Semi-final winners (£1,800,000) - £900,000

Runners-up (£1,800,000) - £900,000

Winners (£3,600,000) - £1,800,000