World football governing body FIFA announced on Thursday it had agreed a 1.5 billion dollars relief plan to help deal with the impact of the COVID-19 pandemic on the global game.
FIFA’s plan means world football’s governing body will dip into its reserves to provide national federations with a number of grants and interest-free loans to cope with budget hits.
FIFA had already provided the immediate release of all funds from its “Forward’’ projects and given the green light for such grants to be used for COVID-19 relief plans.
A minimum of 50 percent of released funds are to be allocated to women’s football.
