Uefa, Concacaf Urge Fifa to Pay $10 Million to 211 Members as $6 Billion Reserves Swell
Updated
Updated · BBC.com · Sep 18
Uefa, Concacaf Urge Fifa to Pay $10 Million to 211 Members as $6 Billion Reserves Swell
3 articles · Updated · BBC.com · Sep 18
Summary
$2.11 billion is what Uefa and Concacaf want Fifa to release, asking for at least $10 million each to all 211 member associations in 2027-30 for infrastructure and football development.
The demand directly challenges Gianni Infantino's now-aborted Fifa Forward Enterprise plan, after the confederations said Fifa's published accounts showed reserves nearing $6 billion and cast doubt on any need to sell 21% of commercial rights.
A letter signed by Aleksander Ceferin and Victor Montagliani also calls for an independent review of Fifa's finances and has been sent to Asia, Africa, South America and Oceania leaders to build wider backing.
The push adds to pressure before key deadlines: Infantino had tied support for the scrapped proposal to up to $40 million in funding, the next Fifa Council meeting is on 15 October, and he is due to seek a fourth term in March.