FIFA accuses UEFA of 'misinformation campaign' in response to filing

FIFA President Gianni Infantino has indicated that the global governing body may release more of its $6 billion reserve funds to member associations following requests from UEFA, CONCACAF, and AFC. Infantino has opened the door to a larger funding distribution, but stopped short of committing to a specific amount. The proposal will be discussed at the FIFA Council meeting on October 15.

Infantino's letter emphasized that he would support the "greatest level of additional funding" that can be delivered responsibly through FIFA’s governance process, supported by transparent and auditable arrangements. The push for more funding comes after the abandonment of a proposed FIFA Forward Enterprise (FFE) venture, which was deemed too commercial.

UEFA and CONCACAF have proposed direct allocations of reserves, with at least $10 million for every FIFA member association during the 2027-30 cycle. Infantino has asked the confederation presidents to provide financial models and supporting evidence for the proposals to be assessed. The October meeting will determine if FIFA is serious about redistributing funds and providing a concrete funding package.