FIFA TO INVEST £804M INTO WOMENS FOOTBALL DESPITE CORONAVIRUS

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FIFA to invest £804M into women's football despite Coronavirus
Kynan Foster May 1st, 2020 News
FIFA Funding
FIFA have confirmed that investment worth £804m in womens football will go ahead despite the impact that the coronavirus pandemic has had on football financially.
Football across the world at all levels have struggled with the impact that the pandemic has caused them financially. Many clubs are struggling to make ends meet, which is why some players have had a wage cut to support the club and their staff as well as being donated to the NHS.
Despite all the distress with the financial situation amongst these clubs, the world footballs governing body will not cut the investment which was planned for 2019 to 2022. This was in place to clear funds to support any relief effort.
There are still growing concerns that the men’s team may cut off the womens team due to the maintenance in looking after the club whilst the coronavirus pandemic drags out. Money needed for coronavirus testing has called concerns for both men and women, as they both are finding ways to find a resolution.
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What they aim to achieve
However, to portray insurance through their backing a FIFA spokesperson said “We can confirm that this funding has already been committed by FIFA and will not be impacted by the current COVID-19 crisis, this funding will be invested into a range of areas in the womens game including competitions, capacity building, development programmes, governance and leadership, professionalisation and technical programmes.”
Furthermore, the spokesperson also went onto say how the coronavirus wouldn’t be in the way of the deal that has already been agreed. Despite the unsettling financial up rise FIFA will remain calm and will be reaching out to help womens football and the clubs within it.
One objective that is carried out by FIFA is to increase the level of female participation in football across the world with the target of having 60 million female players by 2026. The idea and strategy is to introduce women’s equivalent to the men’s club World Cup. There are also other parts of the deal that will coincide with loans and transfers of players between clubs as well as agent commissions.
“As part of these discussions, FIFA is in close contact with key women’s football stakeholders via the Professional Women’s Football Task Force and the FIFA-Confederations sub-working group on the impacts of Covid-19.’
Fans of womens football will be excited by the news of funding for the womens game and will be glad on how quick the game has developed over the recent years. It will be intriguing to see what areas of the game they will be developing and whether this can create a bigger audience in the coming years.


