Uefa & Concacaf demand Fifa pays $10m to all 211 members
Summary
UEFA and CONCACAF have asked FIFA to give $10 million from its cash reserves to each of its 211 member associations. This request follows the cancellation of FIFA's plan to sell part of its commercial rights to private investors, which faced strong opposition.Key Facts
- UEFA and CONCACAF sent a letter to FIFA president Gianni Infantino demanding $10 million for each of FIFA's 211 members.
- The demand comes after FIFA dropped a plan called FIFA Forward Enterprise (FFE) within four days.
- The FFE plan involved creating a company to manage rights for competitions like the World Cup and selling 21% to investors.
- UEFA says FIFA has over $5 billion in reserves but has not used the money to help member associations.
- UEFA wants FIFA to pay a total of $2.11 billion to all associations, on top of regular funding from 2027 to 2030.
- The Football Association chair also requested FIFA release all documents about the cancelled plan and explain the suspension reversal of a US player at the World Cup.
- Infantino will seek re-election in March 2025, with candidates for opposition due by November 18.
- The next FIFA Council meeting is scheduled for October 15.
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