FIFA vice-presidents call for review of reserves, increased member funding
File Image: UEFA President Aleksander Ceferin (L) called for an independent review of FIFA’s financial reserves. | Photo Credit: AFP
File Image: UEFA President Aleksander Ceferin (L) called for an independent review of FIFA’s financial reserves. | Photo Credit: AFP
UEFA President Aleksander Ceferin and CONCACAF President Victor Montagliani have called for an independent review of FIFA’s financial reserves and proposed increased funding for the governing body’s member associations.
According to a letter seen by Reuters on Friday, the two FIFA vice-presidents proposed that at least $10 million be made available to each of FIFA’s 211 member associations during the 2027-30 cycle.
The plan would amount to around $2.1 billion in additional funding.
Ceferin and Montagliani said the proposed money would be separate from the funds already committed through the FIFA Forward Programme, which provides financial support for football development projects across member associations.
The letter was addressed to FIFA President Gianni Infantino.
The two regional confederation chiefs also sought an independent assessment of FIFA’s reserves as part of the proposal.
FIFA was approached for comment on the letter and its recommendations.
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