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2 sourcesTracking since 18 Sept, 17:33

Uefa and Concacaf ask Gianni Infantino to give Fifa’s billions to its member associations

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Chronological coverage

  1. 18 September
  2. Latest18 Sept, 19:45

    UEFA, CONCACAF demand FIFA make $2.1 billion payout to member groups amid funding row

    UEFA and CONCACAF chiefs have urged FIFA President Gianni Infantino to release around $2.1 billion from the governing body's reserves, calling for each of its 211 member associations to receive $10 million over the 2027-30 cycle. The demand comes amid tensions over Infantino's proposed sale of a stake in the World Cup to private investors, which was shelved after a backlash from European football.

    France 24France 24•FRANCE 24
  3. First seen18 Sept, 17:33

    Uefa and Concacaf ask Gianni Infantino to give Fifa’s billions to its member associations

    Payout of at least $10m to each association proposed Leaders want plan to be considered by Fifa Council The presidents of Uefa and Concacaf have written to Gianni Infantino requesting that Fifa release money from its $6bn (£4.5bn) reserves to its member associations, stating that the plan to fund them via the doomed Fifa Forward Enterprise scheme was unnecessary given the cash pile it is sitting on. Aleksander Ceferin and Victor Montagliani proposed a payout of at least $10m to each of Fifa’s 211 member associations (MAs), initially as a one-off during the 2027-2030 commercial cycle. They called for an independent review of Fifa’s financial position and said their own study “raises an important question as to whether the proposed transaction was necessary to deliver greater resources to the MAs”. Continue reading...

    The GuardianThe Guardian•Nick Ames and Matt Hughes