UEFA, CONCACAF challenge FIFA on reserves and demand $10m payout to members
Confederation chiefs call on Gianni Infantino to make $2.1bn payout to all FIFA's 211 member associations.
UEFA President Aleksander Ceferin and CONCACAF President Victor Montagliani have called for an independent review of FIFA’s financial reserves and proposed a $2.1bn payout to its 211 member associations, in a further sign of growing tensions over the abandoned FIFA Forward Enterprise project.
The proposal would make at least $10m available to each member association over the 2027-30 cycle and would come on top of funding already committed under the world football body’s Forward Programme, the two FIFA vice-presidents said in a letter addressed on Friday to FIFA President Gianni Infantino and seen by the Reuters news agency.
The FIFA Forward Enterprise, or FFE, had been presented to the 211 member associations as a plan under which an interest in FIFA’s competitions would be sold to outside investors in order to generate significantly more money for football development.
The one-off release would be additional to the existing FIFA Forward Programme, which would continue in full.