FIFA to Distribute WC Windfall to Member Associations
FIFA president Gianni Infantino supports proposal for federation payments
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1 cited source: ESPN
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FIFA president Gianni Infantino has come out in favor of a tentative proposal from UEFA and Concacaf that FIFA distributes funds to member associations as a result of record revenues from this summer's World Cup. The proposal aims to provide financial support to member associations, which will help them invest in their football infrastructure and development programs. According to ESPN, FIFA has agreed in principle to the proposal, which is expected to benefit member associations worldwide.
The exact details of the payment plan are yet to be confirmed, but Infantino's support for the proposal is a significant step forward in the process. As a result of the World Cup's record-breaking revenues, FIFA is expected to generate significant windfall funds that will be distributed to member associations.