Goalkeeper Kelvin Jack said he and15 of his teammates had filed a complaint against the Trinidad and Tobago Football Federation seeking at least half of the profit earned.
The government has declined to release that figure. Officials say the federation made US$28 million (euro18 million) from the World Cup. The federation has declined to comment.
The complaint originally was registered in Trinidad, but then moved to England where many of the players play their club soccer after both sides agreed to arbitration.
Jack was one of four players who testified during last month's hearings. He told The Associated Press he considered the ruling a victory.