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FIFA ratifies coronavirus relief for football bodies | Football News – Times of India

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FIFA has ratified a coronavirus relief plan that will make $1.5 billion available to football communities and national associations around the world.
All of the 211 FIFA member associations will receive a $1 million grant “to protect and restart football” and can access interest-free loans of up to $5 million.
Each member association will also receive an additional $500,000 grant for women’s football during the plan’s third phase.
The massive spending plan aims to help men’s and women’s professional football as well as youth and grassroots soccer through a system of grants and loans.
Each of the six football confederations will also receive a grant of $2 million.
FIFA expects to make the funds available by January 2021.



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