FIFA to release $150mn to member associations
09:16 25 April, 2020FIFA 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.
© 2026 NEWS.am - Sport
The copyright for information published on this web site is owned exclusively by Armenian News-NEWS.am information-analytical agency. All information materials published on this website are intended solely for personal use. For full or partial reproduction of any material in other media it is required to acquire written permission from Armenian News-NEWS.am information-analytical agency. Those, who have committed copyright violations, will be prosecuted accordingly.