Who will be taking part, what do they win and how will it work?

Following the announcement of a new lucrative women's seven-a-side series called World Sevens Football and offering the winning team a cash prize that rivals that of the Women's Champions League - what else do we know about this new event?

- Tom Garry

What is the prize money and who will get it?

It is understood that $100m of investment has been guaranteed across the next five years and that, at each event, there will be a $5m prize pot. Of that, it is understood $2.5m will go to the winning club, and what was described as a "hefty" portion of that will go the players and coaching staff.

What are the rules?

Each game will be 30 minutes long, split into two 15-minute halves, with rolling substitutions. A half-sized pitch will be used, with slightly smaller goals than would normally be seen in 11-a-side football. The teams are set to be divided into two groups of four, before a semi-final and final, and the organisers are hoping that high-scoring games with frequent one-on-one dribbling and a flurry of goalmouth action will make the format appealing to a new generation of fans. "It's supposed to be exciting and creative with lots of freedom of expression," the former England international Anita Asante, who is part of the tournament advisory council, said. "That's why I was so excited to get on board."

Where is this event being staged?