UEFA and CONCACAF ask FIFA to allocate $2.1 billion — France 24
UEFA and CONCACAF have called on FIFA President Gianni Infantino to direct about $2.1 billion from the world football governing body's reserves to support its 211 member associations.
$10 million for each association
UEFA President Aleksander Čeferin and CONCACAF President Victor Montagliani sent Infantino a letter proposing to allocate $10 million to each association during the 2027–2030 cycle. The funds are proposed for football development and infrastructure.
According to France 24, the letter's authors said FIFA's reserves are estimated at about $6 billion. In their view, the organization can significantly increase funding for associations from its own balance sheet without selling stakes in its tournaments or imposing requirements on member associations.
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Dispute over investors
The proposed one-off distribution of funds is intended to supplement annual development funding, which under Infantino's presidency has increased to $8 million per country per four-year cycle. UEFA and CONCACAF said they would provide recommendations on the payments at the next FIFA Council meeting.
The appeal came amid a dispute over Infantino's plan to sell a stake in the World Cup to private investors. He said the initiative was meant to raise funds for football development worldwide. After a strong reaction from the football community and UEFA's threat to boycott FIFA competitions, the plan was postponed.
On the eve of this, English Football Association Chair Debbie Hewitt also appealed to Infantino, demanding full disclosure of information about the private investment plan.
