FIFA ratifies coronavirus relief for football bodies | Football News - T...

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FIFA has ratified a coronavirus relief planthat will make $1. 5 billion available to football communitiesand national associationsaround the world. All of the 211 FIFA member associations will receive a $1 million grant "to protect and restart football" and can access interest-free loans of up to $5 million. Each member association will also receive an additional $500,000 grant for womens football during the plans third phase. The massive spending plan aims to help mens and womens professional football as well as youth and grassroots soccer through a system of grants and loans. Each of the six football confederations will also receive a grant of $2 million. FIFA expects to make the funds available by January 2021.