12 | COVID-19 Relief Plan – grants (stage 3)
in TUSD | 2022 | 2021 |
---|---|---|
COVID-19 Relief Plan – solidarity grants | 2,000 | 22,000 |
COVID-19 Relief Plan – women’s football grants | 4,500 | 22,500 |
COVID-19 Relief Plan – confederation grants | 0 | 0 |
Total COVID-19 Relief Plan – grants (stage 3) | 6,500 | 44,500 |
Approved by the FIFA Council on 25 June 2020, FIFA’s COVID-19 Relief Plan made USD 1.5 billion available to support all 211 member associations and the six confederations to help alleviate the financial impact of the COVID-19 pandemic. It consists of three stages: 1 and 2 are linked to the existing FIFA Forward Programme, and stage 3 provides for further financial support via a system of grants and loans that enable member associations and confederations to use the available funds as they see fit and thus help safeguard football in their region from the adverse economic effects of COVID-19.
Further details on the funds released under the COVID-19 Relief Plan stages 1-3 are contained in Note 24 – Accrued expenses and deferred income, Note 22 – Financial assets and in the Annexe to this report.
Details of the COVID-19 Relief Plan grants (stage 3) are as follows (see also the Annexe):
COVID-19 Relief Plan – solidarity grants relates to a universal solidarity grant of USD 1 million that has been made available to each of the 211 member associations. Of this total entitlement of USD 211 million, USD 210 million had already been recognised by 31 December 2022 (2021: USD 208 million).
In order to protect women‘s football and to ensure its healthy resumption, dedicated funds were also made available under COVID-19 Relief Plan – women’s football grants, with USD 0.5 million being paid to each member association. The total available is USD 105.5 million, of which USD 99.5 million had been recognised by 31 December 2022 (2021: USD 95 million).
COVID-19 Relief Plan – confederation grants concerns a basic solidarity fund of USD 2 million to each of the six confederations at a total of USD 12 million, all of which was expensed in 2020.