Geneva, Switzerland | Xinhua | The International Federation of Football Associations (FIFA) announced Friday to compensate 225 unpaid players in its third phase of the FIFA Fund for Football Players (FIFA FFP).
The Fund provides financial support to players who have not been paid and have no chance of duly receiving the wages agreed with their clubs, FIFA said. The total budget for the fund is 16 million U.S. dollars.
FIFA has already paid eight million U.S. dollars in the previous two periods, from July 1, 2015 to June 30, 2020, and another four million will be allocated in the third phase between January 1, 2021 and December 31, 2021.
Ornella Desiree Bellia, FIFA Director of Professional Football Relations & Development, said 1,370 players were already paid by the FIFA to ensure a salary safety for players around the world.
FIFA Fund for Football Players: 225 new applications approved
The fund supports players who have neither been paid nor have the chance of duly receiving the salaries agreed with their clubs
Total of USD 16m set aside by FIFA
More details 👉 https://t.co/wU6hRxN888 pic.twitter.com/yQNTch4vjP
— FIFA Media (@fifamedia) May 12, 2023