Categories: Football

FIFA will distribute one hundred million euros in aid

FIFA will distribute 100 million euros among all the federations of the world. The highest body in world football maintains all the aid that it launched when the Covid appeared. This represents nearly 500,000 euros for each of the

211 member federations, including the Spanish, and which will begin to distribute from next July

Since the pandemic began in 2020, the FIFA administration has adopted a series of important measures in order to help the 211 member associationsincluding the launch of an unprecedented initiative such as the Covid-19 Support Plan.

Among these measures, the highest body decided failure to apply the ten conditions for member associations receive the second payment of operating expenses during the pandemic.

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This provision was for two reasons: firstly, some of the requirements were related to activities severely affected by the pandemic; and secondly, because the economic consequences of the health emergency constituted in themselves a justified cause to support the member associations at a time of financial crisis.

Since the adoption of these measures, the FIFA administration has remained in contact with the associations to closely monitor your recovery from the pandemicboth from a sporting and economic point of view.

Although the effects of the health crisis are beginning to fade in many areas of the world and given that the economic situation of the 211 FIFA member federations is not uniform; the highest body in world football has decided to maintain the second installment for all of them, amounting to 466,000 euros. Among them is the Spanish Football Association. This represents a total of 105 million dollars (98 million euros).

Consequently, FIFA will distribute the entirety of the second payment to finance the operating expenses this year from July 2022provided that the member federations answer an online survey about their football activities and where they must have a detailed and clear idea of ​​the situation of each federation. Survey that must be sent before June 30 so that FIFA can start paying the funds without delay in July 2022.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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