Gianni Infantino opens the door to bigger FIFA funding for member nations from its $6bn reserve
Gianni Infantino has opened the door to FIFA releasing more of its financial reserves to member associations after calls for a fresh injection of funding across world football.The FIFA president has r...
FIFA President Gianni Infantino has expressed openness to increasing funding for member nations from the organization's $6 billion reserve, in response to calls from UEFA chief Aleksander Ceferin, CONCACAF president Victor Montagliani, and Asian Football Confederation (AFC) president Shaikh Salman. The proposals were forwarded to all six confederation presidents and members of the FIFA Council in a letter, which Infantino confirmed would be discussed at the next meeting on October 15.
While Infantino did not specify a figure, he emphasized that he would support "the greatest level of additional funding that can responsibly be delivered through FIFA's proper governance process, applied fairly and supported by transparent and auditable arrangements." The request comes after the withdrawal of a previous proposal to create FIFA Forward Enterprise (FFE), which was deemed too commercial.
Infantino instructed FIFA Secretary General Mattias Grafstrom to consolidate the proposals into a single assessment before the October meeting.
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