FIFA will release operational funds for 2019 and 2020 amounting to $150 million to its member associations as the first step of a relief plan to help negate the economic impact of the COVID-19 pandemic, the global football body said on Friday, Reuters reported.
Each of FIFA’s 211 member associations would receive $500,000 in the coming days as well as any remaining entitlements for 2019 and 2020, it added.
"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," FIFA President Gianni Infantino said.
Due to the coronavirus pandemic, professional and amateur football leagues have been suspended in virtually all countries.
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