FIFA plans $6.35 billion for football development by 2030
By the AFREEQUE newsroom, based on Punch
FIFA plans to allocate $6.35 billion to football development between 2027 and 2030, an increase of $3.4 billion on its initial budget. The plan, funded from its reserves and commercial World Cup revenue, is due to be considered by the FIFA Council on Thursday, according to BBC Sport.
FIFA plans to spend $6.35 billion on global football development between 2027 and 2030, after proposing a $3.4 billion increase in funding for its member associations and other football organisations, reports BBC Sport, cited by Punch.
The additional funding would come from FIFA’s reserves and more than double the amount originally budgeted for the period. FIFA attributes the increase to the commercial success of the World Cup held this summer. The FIFA Council is due to consider the proposal on Thursday, amid pressure on its president, Gianni Infantino, who has faced criticism over his governance.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
