FIFA to give members $150mn due to pandemic
FIFA has said it will release 150 million US dollars to its member associations to help deal with the financial troubles caused by the COVID-19 pandemic.
The global football body said on Friday that all operational funding for 2019 and 2020 would be distributed among the 211 member associations in the next few days and that each member association will receive 500,000 dollars.
FIFA also said it would immediately release the 2nd instalment of operational costs for 2020, which was originally due in July. The funds come from the FIFA forward development program, which was launched in 2016 and will provide over 1.7 billion dollars in total over the 2019-2022 period.
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