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Home  /  GENERAL  /  Soccer-UEFA and CONCACAF challenge FIFA on rese...
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Soccer-UEFA and CONCACAF challenge FIFA on reserves after aborted stake sale plan

India 12h ago Source: publicofindia

UEFA President Aleksander Ceferin and CONCACAF President Victor Montagliani have called for an independent review of FIFAs financial reserves and proposed a 21 billion 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 10 million available to each member association over the 2027-30 cycle and would come on top of funding already committed under the world soccer bodys Forward Programme the two FIFA vice-presidents said in a letter addressed on Friday to FIFA President Gianni Infantino and seen by Reuters

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