Close Menu
    What's Hot

    Mbappe Ends Nike Partnership, Signs Deal With On

    September 18, 2026

    UEFA, CONCACAF Urge FIFA to Release $10m to Member Associations

    September 18, 2026

    NDPC Warns Nigerians Against Fake Traffic Violation Messages

    September 18, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Calabar OnlineCalabar Online
    • Home
    • News
    • Music
      • Foreign
      • Naija
    • Calabar News
    • Upload Your Songs
    Calabar OnlineCalabar Online
    Home»Sports»UEFA, CONCACAF Urge FIFA to Release $10m to Member Associations
    Sports

    UEFA, CONCACAF Urge FIFA to Release $10m to Member Associations

    Umoh SamuelBy Umoh SamuelSeptember 18, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Telegram
    Share
    Facebook Twitter LinkedIn WhatsApp Pinterest Email
    ShareTweet

    UEFA and CONCACAF have urged FIFA to release at least $10 million to each of its 211 member associations from its accumulated reserves for the 2027–30 cycle.

    According to BBC Sport, the presidents of UEFA and CONCACAF, Aleksander Čeferin and Victor Montagliani, made the request in a letter to FIFA president Gianni Infantino, arguing that FIFA is in a strong enough financial position to make the one-off distribution.

    The proposed payment would cost FIFA approximately $2.11 billion and would be separate from the organisation’s regular funding for the 2027–30 cycle.

    The letter stated that FIFA was “on course to close 2023-26 with reserves of approximately $6bn,” adding that the amount was “considerably more than is required” through to the 2030 World Cup.

    Read also FIFA set to increase 2026 World Cup prize money

    Čeferin and Montagliani also questioned whether FIFA’s controversial FIFA Forward Enterprise (FFE) proposal was necessary to provide additional resources to national football associations.

    The FFE proposal involved the creation of a new company to manage the commercial and ticketing rights of FIFA competitions, including the World Cup. Under the proposal, 21 per cent of the company would have been sold to an investment company.

    However, the plan was withdrawn four days after its announcement following opposition from national associations.

    “FIFA should make at least $10m available to each of its 211 member associations over the 2027-30 cycle,” the UEFA and CONCACAF presidents said, adding that the funds should be used for “investment in infrastructure and football development.”

    They also called for an independent review of FIFA’s finances, saying the review should have “full access to the underlying figures and assumptions.”

    “FIFA currently holds billions of dollars in accumulated reserves,” they wrote. “These resources belong to football and exist to serve the game and its 211 member associations.”

    The two presidents further argued that FIFA’s financial reserves should be examined to determine whether a portion could be responsibly distributed.

    “Prudence should not prevent a careful examination of whether a portion could responsibly be released to the extent those reserves exceed FIFA’s foreseeable needs,” they said.

    They also maintained that development funding should be an institutional responsibility of FIFA rather than dependent on individual discretion.

    “Development is an institutional responsibility of FIFA, not a matter of individual discretion,” they said.

    The latest intervention comes amid a wider dispute over the FFE proposal and FIFA’s financial governance.

    Čeferin and Montagliani have also written to the presidents of FIFA’s other four confederations — the Asian Football Confederation, Confederation of African Football, South American Football Confederation and Oceania Football Confederation — seeking their support for the proposed distribution.

    The development follows a separate letter from Football Association chair Debbie Hewitt to Infantino and FIFA secretary general Mattias Grafström, in which she demanded the release of documents relating to the FFE proposal.

    Hewitt, who is also a FIFA vice-president, also called for the FIFA Council to receive a written explanation concerning the cancellation of the suspension of United States forward Folarin Balogun at the World Cup.

    FIFA’s next Council meeting is scheduled for October 15.

    Infantino is seeking a fourth term as FIFA president at the election in March, while potential challengers have until November 18 to nominate an alternative candidate.

    Share this:

    • Share on X (Opens in new window) X
    • Share on Facebook (Opens in new window) Facebook

    Related

    2026 CONCACAF FIFA UEFA
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Telegram
    Umoh Samuel
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    Umoh Samuel is a passionate Journalist, News Editor and On-Air Personality at Unical Radio International 103.5 FM, Calabar. With a strong commitment to storytelling and youth engagement, he has carved a niche for himself as a voice for students and young people. In recognition of his impact and excellence, he received the Best Journalist on Campus (2025) & Journalist of the Year Award (2026) from the Students Union Government among others. Dedicated to promoting financial literacy and personal development, Samuel actively contributes to student communities through impactful initiatives that encourage learning, collaboration, and growth. His work reflects a deep desire to empower others with knowledge and opportunities.

    Related Posts

    Mbappe Ends Nike Partnership, Signs Deal With On

    September 18, 2026

    Adama Shines as Team Nigeria Records Mixed Fortunes on Commonwealth Games Day 2

    July 26, 2026

    Morocco Defeat Netherlands on Penalties to Reach World Cup Round of 16

    June 30, 2026

    Late Martinelli Goal Sends Brazil into World Cup Round of 16

    June 29, 2026

    Canada Stun South Africa with Stoppage-Time Winner to Reach World Cup Last 16

    June 29, 2026

    Manchester City Appoint Enzo Maresca as New Manager on Three-Year Deal

    June 29, 2026
    Add A Comment

    Comments are closed.

    Recent Posts
    • Mbappe Ends Nike Partnership, Signs Deal With On
    • UEFA, CONCACAF Urge FIFA to Release $10m to Member Associations
    • NDPC Warns Nigerians Against Fake Traffic Violation Messages
    • APC campaign DG’s nephew killed, one critically injured in Osun
    • 102-year-old dementia patient dies after assault at beer parlour
    Don't Miss

    Mbappe Ends Nike Partnership, Signs Deal With On

    By Umoh SamuelSeptember 18, 2026

    France captain and Real Madrid forward Kylian Mbappe has ended his long-standing partnership with Nike…

    Share this:

    • Share on X (Opens in new window) X
    • Share on Facebook (Opens in new window) Facebook

    UEFA, CONCACAF Urge FIFA to Release $10m to Member Associations

    September 18, 2026

    NDPC Warns Nigerians Against Fake Traffic Violation Messages

    September 18, 2026

    APC campaign DG’s nephew killed, one critically injured in Osun

    August 14, 2026
    Our Socials
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    Our Picks

    Mbappe Ends Nike Partnership, Signs Deal With On

    September 18, 2026

    UEFA, CONCACAF Urge FIFA to Release $10m to Member Associations

    September 18, 2026

    NDPC Warns Nigerians Against Fake Traffic Violation Messages

    September 18, 2026

    APC campaign DG’s nephew killed, one critically injured in Osun

    August 14, 2026
    Facebook X (Twitter) Instagram YouTube
    © 2026 CalabarOnline Media. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.