UEFA, CONCACAF challenge FIFA on reserves and demand $10m payout to members
Also reported by BBC Top Stories
Summary
UEFA President Aleksander Ceferin and CONCACAF President Victor Montagliani have asked for a review of FIFA’s financial savings. They suggested FIFA give at least $10 million to each of its 211 member associations between 2027 and 2030 for football development.Key Facts
- UEFA and CONCACAF leaders want an independent check of FIFA’s money reserves.
- They propose paying $2.1 billion to FIFA’s 211 member associations over the 2027-30 period.
- Each member would get at least $10 million extra on top of current funding.
- The proposal follows the cancellation of FIFA’s Forward Enterprise plan, which aimed to sell rights to outside investors.
- FIFA is expected to have about $6 billion in reserves by the end of 2026.
- Even after the payout, FIFA’s reserves would stay above $1.5 billion, higher than planned minimum reserves.
- The leaders want a clear review before any decisions and say funding football development is FIFA’s responsibility.
- They plan to ask other continental football heads to back this proposal.
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