Fifa to offer extra £2.6bn for football development

This post was originally published on this site.

Fifa to offer extra £2.6bn for football development

Fifa president Gianni InfantinoImage source, Getty Images
By

Sports editor
  • Published

Fifa is set to propose a $3.4bn (£2.6bn) increase in the amount of money it hands out for football development across the world.

World football’s governing body wants to release the money from its reserves in a move which would more than double the level of planned distribution funding for 2027-2030.

It says it has been able to release the extra cash because of the commercial success of this summer’s World Cup.

The proposal will be made at a meeting of Fifa’s council on Thursday and comes at a time when the organisation is under pressure following president Gianni Infantino’s aborted Fifa Forward Enterprise (FFE) plan.

Infantino wanted to sell stakes in the World Cup and other competitions to private investors but faced huge criticism for the proposal, with Uefa, Concacaf and the Asian Football Confederation questioning his position.

Uefa and Concacaf wrote to Infantino in September calling on Fifa to pay at least $10m (£7.5m) from its cash reserves to each of the 211 member associations.

In a letter then sent to Fifa’s six continental confederations, Infantino – who will be standing for re-election for a fourth time in March 2027 – said he would support “the greatest level of additional funding that can responsibly be delivered”.

Fifa will now offer extra money from its reserves in addition to the current $2.7bn (£2.05bn) budgeted to be paid to all 211 member associations, the confederations, regional associations and certain non-Fifa affiliated associations.

In total, Fifa will now be spending $6.35bn (£4.83bn) on football development for the 2027-2030 cycle, with a focus on investment and development of women’s and youth football.

The breakdown is as follows:

• $25m (£19m) per member association

• $99m (£75m) for each of the six confederations

• $8.25m (£6.3m) for each of the 13 zonal/regional associations

• $1.1m (£836,000) for 100 member associations for travel and equipment solidarity

The terms of the distribution would be as follows:

• One third would be allocated to women’s and youth football development

• One third would be allocated to infrastructure (of which there shall be equal access to women’s and youth football)

• One third would be allocated to projects

The plan, including the eligibility, application, approval, disbursement, control and audit requirements, will be finalised by the Fifa council at its next meeting in December 2026.

It will all be subject to approval by the 77th Fifa congress in March 2027.

Proposed Fifa disciplinary code change over Balogun

By

Football issues correspondent

BBC Sport understands there is a proposal on the table at the council to change the disciplinary code and prevent a repeat of the Balogun situation, an unprecedented scenario which meant the US striker did not miss a game after being sent off in the World Cup.

If approved, it will be expressly noted in the regulations that an automatic one-match ban for a red card cannot be suspended.

Questions have been raised over the process which led to Balogun having his ban suspended.

US President Donald Trump said he called Infantino to get the ban rescinded, which raised serious concerns over political interference.

A proposal has been put forward to add to Article 27 of the regulations a list of instances whereby a ban cannot be suspended.

This would include an automatic one-game ban for a red card.

Hot this week

Hiyd is a health tracker that attaches to the watch you already wear

If you’re a watch enthusiast, you probably don’t want...

The Media Show

Available for over a yearThis week, an extended interview...

Beyond the scoreboard: Manchester City’s investment and the communities it has helped rebuild

Erling Haaland, Jérémy Doku and Rayan Cherki supplied the...

YouTube Music launches new labels as AI-generated music floods streaming platforms

YouTube Music announced Wednesday the rollout of a new...

Vinicius Jr to miss Barcelona game because of ban

Vinicius Jr to miss Barcelona game because of banImage...

Topics

Hiyd is a health tracker that attaches to the watch you already wear

If you’re a watch enthusiast, you probably don’t want...

The Media Show

Available for over a yearThis week, an extended interview...

Vinicius Jr to miss Barcelona game because of ban

Vinicius Jr to miss Barcelona game because of banImage...

Russell Brand was a ‘sexual predator’, prosecution alleges as rape trial begins

The actor and comedian has pleaded not guilty to three counts of rape, three counts of sexual assault and one of indecent assault.
spot_img

Related Articles

Popular Categories

spot_imgspot_img