spot_img

FIFA receives $201 million from US Department of Justice

FIFA has confirmed that this money will be used in the World Football Remission Fund.

The United States department of justice has awarded FIFA with a compensation of $201 million. This remuneration is for the losses, the footballing organisations like FIFA, CONMEBAL(CONfederación SudaMEricana de FútBOL) and CONCACAF (The Confederation of North, Central American and Caribbean Association Football) faced due to corruption. The US Department of Justice has managed to make money from the culprits and give it to FIFA.

FIFA has confirmed that this money will be used in the World Football Remission Fund, it aims at conducting grassroots level programmes with the underprivileged section and help enhance the positive effect of football across the globe.

Moreover, FIFA President Gianni Infantino thanked the USA government for their assistance. He reassures that these funds will be used properly and for those who actually need the money.

I am delighted to see that money which was illegally siphoned out of football is now coming back to be used for its proper purposes, as it should have been in the first place,” said FIFA President Gianni Infantino.

I want to sincerely thank the US Justice authorities for their efforts in this respect, for their fast and effective approach in bringing these matters to a conclusion, and also for their trust in general. The truth is that, thanks to their intervention back in 2015, we have been able to fundamentally change FIFA from a toxic organisation at the time, to a highly esteemed and trusted global sports governing body. 

Thankfully, we are well past that unfortunate period in history now and it’s great to see significant funding being put at the disposal of the FIFA Foundation, which can positively impact so many people across the football world, especially through youth and community programmes.”

Related Articles

Latest Articles