In a press release, FIFA announced that it will release all operational funds due to member associations for the years 2019 and 2020 in the coming days, the first step in a rescue plan to help the football community affected by the COVID-19 pandemic.
This measure means that a total of around $ 150 million will be distributed among the 211 national football governance bodies around the world.
Concretely, this means that the supreme body chaired by Gianni Infantino will pay $ 500,000 (around 460,000 euros) to each member association in the coming days.
This immediate financial assistance should be used to mitigate the financial impact of COVID-19 on football in member associations, namely to meet the financial or operational obligations they may have towards staff and other third parties.
FIFA starts immediate financial support to member associations in response to COVID-19 impact
➡️https://t.co/4JWq6ssf8c pic.twitter.com/Hp1BC9qoGs
— FIFA Media (@fifamedia) April 24, 2020
