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FIFA To Give $1.3M In One-Off Financial Contributions To Its National Federations

FIFA has “moved quickly to spell out” one-off financial contributions each if its 209 member associations will next year “be entitled to, and the answer is $1.05 million,” according to David Owen of INSIDE WORLD FOOTBALL. Adding in a first $250,000 bonus “already made available,” it means that each association will be eligible for $1.3M of one-off payments over the 18 months from June this year. The overall bill for this comes to $271.7M. FIFA Secretary General Jérôme Valcke confirmed that FIFA members would receive an "additional bonus" of $500,000, "in connection with the final financial results of the 2014 FIFA World Cup Brazil." This would be in addition to a $300,000 payment to those “participating in 2018 World Cup qualifiers which was first alluded to” following last week's FIFA ExCo meeting in Marrakech. The scale of the payments, “at a time when past accounts have suggested the governing body may be poised to swing into deficit,” promises to make FIFA's ‘14 and ‘15 annual reports “particularly interesting reading” (INSIDE WORLD FOOTBALL, 12/29).

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