FIFA announces a $6.35 billion development fund for member associations
FIFA will launch a football development plan for the 2027-2030 cycle, using funds from the 2026 World Cup and financial reserves.
- FIFA will spend money on football development for the 2027-2030 cycle.
- Infantino announced a desire to open FIFA's premium competitions to private investors.
- FIFA estimates revenues of approximately 15 billion dollars in the 2022-2026 cycle.
- The plan would provide $25 million to each of the 211 member federations.
- The development fund would partially use financial reserves after the 2026 World Cup.
- The fund would distribute money to FIFA's 211 federations and regional confederations.
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