BFA awaits P100m FIFA windfall
Friday, January 13, 2023 | 200 Views |
FIFA has announced an increase in funding for all its member associations in the next cycle of Forward 3.0 which begins this year. Each federation will receive a conditional $1,250million (approx. P15million) every year for operations.
The first batch of $650,000 (approx. P7.8million) will be disbursed in the first half of the year to help each association achieve a 11-point plan. “Based on attaining the 11-point plan, then FIFA will give the association another $600,000 in the second half of the year,” BFA chief executive, Mfolo Mfolo told Mmegi Sport this week. “These funds are basically for operations, to ensure the smooth running of the association.
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