Gianni Infantino Seeks $40m FIFA Funding by Sept 19

FIFA president Gianni Infantino has unveiled an ambitious plan to provide financial support to the organization's member federations. According to reports, Infantino has proposed a private investment plan that would grant each of the 211 member associations access to a significant amount of funding.

The proposed plan would allow each member federation to receive up to $40 million in funding, reportedly as part of a broader effort to promote football development and growth around the world. This move is seen as a strategic initiative by Infantino to strengthen the financial capabilities of FIFA's member associations.

Infantino has set a deadline of September 19 for the member federations to approve the proposed plan. Sources say that the FIFA president is keen to secure the support of the member associations for this initiative, which is expected to have a major impact on the development of football globally.

The funding, reportedly up to $40 million per association, would be a significant boost to many of the member federations, which often struggle with limited financial resources. According to Infantino, this investment would help to promote football development, improve infrastructure, and enhance the overall competitiveness of teams from around the world.

By setting a deadline of September 19, Infantino is apparently seeking to ensure that the plan is approved and implemented in a timely manner. As the FIFA president, Infantino is reportedly committed to ensuring that the organization's member associations have the necessary resources to develop and grow the sport, and this proposed plan is seen as a key part of that effort.

Source: www.espn.com