As the Coronavirus pandemic has stopped many sports events including Football, clubs have struggled to cope with the loss of revenue. So, to help the football community FIFA will distribute USD 150 million to the members association for the next few days as the first step to the use relief funds in the fight against this deadly virus.
Each member association will receive USD 500,000 along with any other remaining funds they were due to receive. On April 24 the world governing body revealed that the operational funding for 2019 and 2020 will be given to 211 national governing bodies across the globe.
“The pandemic has caused unprecedented challenges for the entire football community and, as the world governing body, it is FIFA’s duty to be there and support the ones that are facing acute needs,” said FIFA President Gianni Infantino in an official statement.
“This is the first step of a far-reaching financial relief plan we are developing to respond to the emergency across the whole football community,” he added.
Currently, all the sporting events including top tournaments like Premier League, La Liga and EURO Championship have been postponed and there is not any certainty if sports will resume untill the normalcy returns.
On Thursday, the UEFA Executive Committee confirmed that the postponed UEFA women’s EURO 2021 will be held in England from July 6 to July 31 in 2022.