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FIFA urged to distribute $2.1b from reserves to member associations

Sports 1 source 1 country 🔦 Under-reported 25m ago

UEFA President Aleksander Ceferin and CONCACAF President Victor Montagliani have formally requested that FIFA distribute at least $2.1 billion from its financial reserves to its 211 member associations. The two officials, who also serve as FIFA vice presidents, addressed the proposal to FIFA President Gianni Infantino in a letter.

The requested funds are intended to support football development across the organization's global membership. The proposal calls for the utilization of FIFA's existing financial reserves to provide direct assistance to the member associations.

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Read the full story at the source Arab News · SA
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