LAUSANNE, June 26 — Fifa announced on Thursday that it had agreed a US$1.5 billion (RM6.4 billion) relief plan to help deal with the impact of the Covid-19 pandemic on the global game. Fifa’s plan means world football’s governing body will dip into its reserves to provide national federations...
The logo of Fifa is seen in front of its headquarters in Zurich, Switzerland September 26, 2017. — Reuters pic
Fifa had already provided the immediate release of all funds from its ‘Forward’ projects and given the green light for such grants to be used for Covid-19 relief plans — with a minimum of 50 per cent of released funds to be allocated to women’s football. Infantino added that there would be strict controls on the use of funds, audit requirements, as well as clear loan repayment conditions.
Infantino said no decision has yet to be taken on the rescheduling of the new Club World Cup tournament which has been postponed from July 2021 due to the postponement of Euro 2020 and the Copa America.
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