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The leaders of the two confederations sent the 'mother house' a letter asking for financial explanations to know if the initiative was necessary to privatize a part of the tournaments it organizes, such as the World Cup, at a time where FIFA has its greatest historical collection. In addition, they urge President Gianni Infantino to seek ways to distribute the funds that the entity has equitably.
UEFA and CONCACAF chiefs have urged FIFA President Gianni Infantino to release around $2.1 billion from the governing body's reserves, calling for each of its 211 member associations to receive $10 million over the 2027-30 cycle. The demand comes amid tensions over Infantino's proposed sale of a stake in the World Cup to private investors, which was shelved after a backlash from European football.
On Friday, UEFA Presidents and Concacaf asked Fifa President Gianni Infantino to pay "at least $10 million" to each of the 211 member associations. This is justified by the reserves of approximately $6 billion held by the International Federation.
Confederation chiefs call on Gianni Infantino to make $2.1bn payout to all FIFA's 211 member associations.
Uefa and Concacaf issue a joint statement calling on Fifa to pay $10m from its cash reserves to each of the 211 member associations.
