FIFA is investing $2 billion to develop world football

GENEVA, Feb. 16 (Xinhua) — International Football Association FIFA (FIFA) announced that the budget for the FIFA Forward 2023-2026 program has increased to more than 2 billion US dollars. 6.86 billion baht)

The report said that the FIFA Forward 3.0 project, launched by FIFA president Gianni Infantino in January, allocates funds for the development of football worldwide in the amount of US$ 2.25 billion (about 77.2 billion baht).

The FIFA Forward program has increased its budget every four years since its launch in 2011, with the first budget at $328 million and the second at $1.16 billion, and the year 2019-2022 at 1.74 billion US dollars ( approximately 59.8 billion baht).

The FIFA Forward Program 2019-2022 allocates $6 million to each member federation to meet operational needs and development programs. It is expected that the members of the Federation will. Each will receive $8 million in funding for the 2023-2026 cycle.

FIFA Forward has helped develop football around the world with revenue generated by the federation’s governing body, such as the World Cup.

(Xinhua file photo: Argentina’s national team celebrates their victory in the 2022 World Cup at the Lusail Stadium in Lusail, Qatar, December 18, 2022.)

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