UEFA, CONCACAF demand FIFA make $2.1 billion payout to member groups amid funding row
Summary
UEFA and CONCACAF, two major football organizations, have asked FIFA President Gianni Infantino to release about $2.1 billion from FIFA’s savings to give $10 million to each of FIFA’s 211 member groups between 2027 and 2030. This request follows a controversy over Infantino’s plan to sell part of the World Cup to private investors, which was stopped after strong opposition.Key Facts
- UEFA and CONCACAF wrote a letter to FIFA’s President asking for $2.1 billion to be shared with all 211 member associations.
- They want each member group to get $10 million from FIFA’s own money for football projects from 2027 to 2030.
- The request is linked to Infantino’s earlier plan to sell a stake in the World Cup, which many opposed and which was cancelled.
- FIFA reportedly has about $6 billion in reserves.
- The proposed payout would be extra money, on top of the usual funding FIFA gives to its members, which is $8 million per country every four years.
- England’s Football Association also asked FIFA for details about the cancelled private sale plan and inquiry about a suspended ban on U.S. player Folarin Balogun.
- The controversy includes a phone call between U.S. President Donald Trump and Gianni Infantino related to the suspension of the ban on Balogun.
- UEFA and CONCACAF plan to suggest how to distribute the requested money at the next FIFA Council meeting.
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