DILI (2 April 2020) – World football governing body FIFA are ready to help their member associations hard hit by the raging Coronavirus (COVID-19) pandemic.
Cash-rich FIFA have some US2.7 billion reserves, according to a Reuters report, to give financial assistance due to the serious financial problems on account of COVID-19.
A myriad of issues has cropped up following the suspension of leagues around the world which has hit professionals and non-professionals alike at all levels.
FIFA spokesman was quoted as saying: “it is unforeseen that in many parts of the world a considerable number of persons involved in football, including both men and women players will be left in extremely difficult economic conditions.”
He added that due to FIFA’s strong financial situation the body has a duty to help those in need.
FIFA will consult with member associations, the continental confederations and other stakeholders on this matter.