Urgent.News

What's breaking now, across thousands of outlets.

Culture

Uefa and Concacaf push for $10m payout to all 211 Fifa members

UEFA and Concacaf have called on FIFA to release at least $10 million to each of its 211 member associations from its accumulated cash reserves, intensifying the dispute over president Gianni Infantino’s controversial Fifa Forward Enterprise proposal.

Uefa and Concacaf push for $10m payout to all 211 Fifa members

UEFA and CONCACAF have urged FIFA to release a minimum of $10 million to each of its 211 member associations for the 2027-30 cycle, according to a letter sent to FIFA president Gianni Infantino. The proposed distribution would cost FIFA around $2.11 billion and would be in addition to the organization's regular funding. UEFA president Aleksander Ceferin and CONCACAF president Victor Montagliani argue that FIFA has enough accumulated reserves to make the one-time payment and that the money should be used for infrastructure and football development.

They also call for an independent review of FIFA's finances and for development funding to be treated as an institutional responsibility rather than a matter of individual discretion. The letter follows the withdrawal of the controversial FIFA Forward Enterprise (FFE) proposal, which aimed to create a new company to manage commercial and ticketing rights.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at 3news.com →

More in Culture

More from Friday 18 September →