FIFA approves $1.5 billion Covid-19 relief plan
26 June 2020
All forward operational-cost payments will be immediately released to FIFA's member associations.
A $1 million grant will be made available to member associations who will also be able to apply for interest-free loans amounting to up to 35 per cent of their audited revenues.
The FIFA Council has approved a Covid-19 relief plan which in three stages will make up to $1.5 billion available for the global football community in the form of grants and loans.
Immediately, under the first two stages, all forward operational-cost payments have been made available to member associations with the opportunity to transform forward development grants into operational relief funds, earmarking a minimum of 50 per cent of those to women's football.
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