SKIP TO MAIN CONTENT

Infantino encourages European FAs to pass on FIFA funds

BUDAPEST (Reuters) - FIFA President Gianni Infantino suggested that European football associations can donate the money they receive from football's governing body to other parts of the world if they do not need it.

Infantino encourages European FAs to pass on FIFA funds
(Reuters)

1 min read

Published

Source: Reuters


Skip to article content

Infantino, elected in February to lead the organisation out of the worst crisis in its history, has promised that FIFA will donate $5 million to each of its 209 member associations during every four-year period.

It will also donate $40 million to each of the six continental confederations over the same period.

But he suggested that this was a relatively insignificant amount to some European associations and suggested it could be better employed elsewhere.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

"The funds have been increased to this famous $5 million over four years, but for you in UEFA, this is not a big amount compared to what you generate," he told UEFA's annual Congress.

"If you in Europe don't need all this money from FIFA, give it to other associations around the world, invest it in projects around the world and we can really create a difference for a new FIFA, a united FIFA, a FIFA of solidarity," he said.

"You in Europe can show together that you can make a difference in the world."

(Editing by John O'Brien)


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world