FIFA to Support Member Associations in Response to COVID-19 Impact
TEHRAN (Tasnim) – FIFA will release all operational funding due to Member Associations for the years 2019 and 2020 in the coming days as the first step of a relief plan to assist the football community impacted by the COVID-19 pandemic.
This measure will mean that a total of around $150 million will be distributed among the 211 national football governing bodies around the world.
“The pandemic has caused unprecedented challenges for the entire football community and, as the world governing body, it is FIFA’s duty to be there and support the ones that are facing acute needs,” said FIFA President Gianni Infantino.
“This starts by providing immediate financial assistance to our Member Associations, many of which are experiencing severe financial distress. This is the first step of a far-reaching financial relief plan we are developing to respond to the emergency across the whole football community. Together with our stakeholders, we are assessing the losses and we are working on the most appropriate and effective tools to implement the other stages of this relief plan.
“I would like to thank the chairpersons of the FIFA Development Committee, Shaikh Salman bin Ebrahim Al Khalifa, and the FIFA Finance Committee, Alejandro Domínguez, for their commitment and urgent approval of these measures by their committees,” the FIFA President added.