Infantino orders Fifa funding review
This comes after calls from Uefa and CONCACAF for a US$2.1 billion payout from the football governing body's reserves.
Fifa president Gianni Infantino has ordered a review of proposals to distribute more funding to national associations, following calls from UEFA and CONCACAF for a US$2.1 billion payout from the governing body's reserves. In a letter to the six continental confederation presidents, Infantino stated that the assessment would go before the Fifa Council on Oct 15, with any additional funding subject to financial checks and formal approval.
Uefa president Aleksander Ceferin and CONCACAF president Victor Montagliani proposed that each of Fifa's 211 member associations receive at least US$10 million during the 2027-30 cycle, in addition to existing development funding, and sought an independent review of Fifa's reserves.
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- Infantino orders FIFA funding review after UEFA, CONCACAF seek $2.1 billion payout channelnewsasia.com
- Infantino orders Fifa funding review freemalaysiatoday.com
- Infantino makes bigger cash pledge to Fifa members bbc.co.uk
