Rabu, 02 Februari 2011

Additional financial assistance for football development

Additional financial assistance for football development
(FIFA.com) Friday 28 January 2011
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Each of the 207* FIFA member associations will this year receive a further one-off bonus payment of USD 300,000 from world football’s governing body as part of FIFA’s Financial Assistance Programme (FAP). For the six confederations, this bonus will amount to USD 2.5 million each.

This decision by the FIFA Executive Committee has been made possible thanks to the outstanding success of the 2010 FIFA World Cup™ in South Africa, which led to a very good financial result for FIFA for the entire 2007-2010 period.

The funds are to be invested first and foremost in the development of football and to enable FIFA member associations to take part in FIFA competitions. They are to be used in accordance with the FAP Regulations: (http://www.fifa.com/mm/document/afdeveloping/finassprogr/50/16/69/fap_regulations_en_de_fr_es_022009.pdf). Member associations can also use this bonus as additional funding for existing or future Goal projects.

Last year, as announced at the FIFA Congress, each member association also received a one-off FAP bonus payment of USD 250,000 while each confederation received USD 2.5 million thanks to the financial success of the year 2010.

About the Financial Assistance Programme (FAP):
The FAP is designed to motivate and empower the associations and confederations to organise development programmes that meet their needs and strengthen football and its administration in the long term. It has served member associations in a variety of ways according to their needs, including help with infrastructure, grassroots football, organisation of youth tournaments, development of women’s football and technical development since 1998. FAP funds, including bonus payments, are audited annually (see art. 5 of the FAP Regulations).

For more information on the FAP, see the link on the right.

* the FA of Brunei Darussalam is currently suspended

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