FIFA creates fund to help players not paid by clubs | Inquirer Sports

FIFA creates fund to help players not paid by clubs

/ 08:23 PM February 11, 2020

FILE – FIFA president Gianni Infantino gestures as he speech during the sign memorandum of understanding with World Health Organization (WHO) aimed at promoting and protecting public health globally through football, on October 4, 2019 in Geneva. (Photo by FABRICE COFFRINI / AFP)

ZURICH — FIFA is setting aside $16 million to help players who have not been paid by their clubs.

The funding covers the period up to 2022, and FIFA also wants to set up a monitoring committee with global players’ union FIFPro, which assesses the needs of players.

ADVERTISEMENT

The fund will offer a “safety net” rather than playing players in full, FIFA said in a statement on Tuesday.

FEATURED STORIES

FIFA president Gianni Infantino said the governing body wanted to show its “commitment to helping players in a difficult situation.”

FIFA has budgeted for $3 million for the second half of this year and $4 million in both 2021 and 2022. There is also $5 million available to deal with cases of salaries going unpaid from July 2015 to June 2020.

“More than 50 clubs in 20 countries have shut in the last five years, plunging hundreds of footballers into uncertainty and hardship,” FIFPro president Philippe Piat said. “This fund will provide valuable support to those players and families most in need. Many of these clubs have shut to avoid paying outstanding wages, immediately re-forming as so-called new clubs.”

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Fifa, Sports

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.