Infantino makes bigger cash pledge to Fifa members
Gianni Infantino has indicated a greater amount of money could be distributed to Fifa members from its estimated £4.4bn cash reserves. In a letter seen by BBC Sport, and sent to the governing body’s six continental confederations on Monday, Fifa president Infantino said he would support “the greatest level of additional funding that can responsibly […]
Fifa president Gianni Infantino has pledged to distribute more money to Fifa members from the organization's $4.4 billion cash reserves, according to a letter obtained by BBC Sport. In the letter, sent to the six continental confederations on Monday, Infantino expressed support for "the greatest level of additional funding that can responsibly be delivered."
His comments come after Uefa and Concacaf demanded that Fifa pay $10 million to all 211 members from its reserves. Infantino, who faces increasing pressure over his aborted Fifa Forward Enterprise (FFE) plan, which involved selling stakes in World Cup and other competitions to private investors, stated that he would not prejudge the amount to be distributed.
He emphasized that a single figure could begin the discussion but could not complete a global policy. Infantino defended the failed proposal, claiming it was intended to generate additional money for the game. The proposal will be considered by the Fifa Council when they meet on October 15th.
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