Olli Rehn in a congress

A GLOBAL CRISIS

Covid-19 will cost FIFA 11,790 million euros

Published:17/09/2020 - 12:13h

Updated:17/09/2020 - 16:57h

After the pandemia generated by the Covid-19, 150 national Federations of the 211 that integrate it and four confederations already have requested helps to the FIFA

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During the past Wednesday 16 September, the Finnish tycoon Olli Rehn, governor of the Bank of Finland, president of the commission of the FIFA attendant of the program Covid-19, offered details of the development of the plan against the virus and his sequelas. In the third phase of the same, contemplate subventions of one million dollars for associations and half million for feminine football and two millions for the confederations.

The FIFA foresees that the pandemia of the coronavirus and, especially, his consequences devastadoras, will suppose a cost of 14.000 million dollars, this year; or what is the same, 11.790 million euros. Also it announced that 150 national Federations of the 211 that form it and 4 confederations already have requested the helps of the 'Plan of Support Covid-19', that delivers 1.500 million dollars for subventions and loans.

Olli Rehn, in reference to the stray of global value, commented that "lto general situation before the pandemia of COVID-19 was that the football to level of associations member and of clubs had an approximate value of 46 trillion dollars" and that "the FIFA reacted to mitigate the dramatic effect of the pandemia in the football and his economy. It is in a strong financial position and all the organisation is engaged with this".

In the congress, also specified the options of the plan of helps. As it says the program, all the federations have right a subvention of one million dollars, that will be able to fund in two payments of 5000.000, one in July and another in January, and a pay more than half million of exclusive dollars for the feminine football, from does a pair of months.

Olli Rehn agrees of the most disadvantaged

It took advantage of, the president of the commission, to agree of those that have seen more affected, in the case of the football, especially, in Sudamérica. "The clubs and associations members of Europe were the most affected in absolute terms, but relatively have suffered more out of Europe, especially in Sudamérica", signalled.

Finally, Rehn gave an important warning: According to the requirements of the plan lace federations that request a subvention will have to present to the FIFA a report before January of 2021 on the use of the first quota of this help. It treats of a resource to supervise that the bottoms are very invested. According to Olli: "The corruption does not have place in the football".

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