UEFA & CONCACAF demand Fifa pays $10m to all 211 members
UEFA and CONCACAF have written to Gianni Infantino, calling on FIFA to pay at least $10m (£7.5m) from its cash reserves to each of the 211 member associations.
UEFA and CONCACAF have urged FIFA to allocate at least $10 million from its reserve funds to each of its 211 member associations over the 2027-30 cycle. This demand comes in response to Gianni Infantino’s proposed private equity plan, which aimed to create a new company to manage commercial and ticketing rights for all FIFA competitions.
The initiative was abandoned after four days due to opposition from national associations. The letter, signed by UEFA president Aleksander Ceferin and CONCACAF president Victor Montagliani, suggests that FIFA currently holds $6 billion in reserves, considerably more than needed through the 2030 World Cup. The governing bodies propose that FIFA release a one-time sum of $2.11 billion to support infrastructure development and football advancement.
Infantino had previously stated that member associations would receive $40 million if they supported his proposal, with a deadline of September 19 to accept the plan. Ceferin and Montagliani question the necessity of the FFE proposal, citing doubts about its necessity based on an analysis of FIFA's financial statements. They recommend an independent review of the organization's finances, with full access to underlying figures and assumptions.
The letter emphasizes that FIFA's substantial reserves should be used responsibly to serve the game and its member associations.
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