FIFA is set to spend $6.35bn on global football development between 2027 and 2030, following a proposed $3.4bn increase in funding to member associations and other football bodies.
As reported by BBC Sport on Wednesday, the world football governing body plans to release the additional funds from its reserves, more than doubling the amount initially budgeted for distribution during the four-year period.
FIFA said the proposed increase was made possible by the commercial success of this summer’s World Cup.
The proposal is expected to be considered at a meeting of the FIFA Council on Thursday, amid pressure on president Gianni Infantino following criticism of his proposed FIFA Forward Enterprise (FFE) plan, which sought to sell stakes in the World Cup and other competitions to private investors.
The proposal attracted opposition from several football stakeholders, including UEFA, Concacaf and the Asian Football Confederation.
In September, UEFA and Concacaf wrote to Infantino,
This post was originally published on this site.
