FIFA supports 225 players with $4 million from the Compensation Fund.. Details

FIFA supports 225 players with $4 million from the Compensation Fund.. Details
FIFA supports 225 players with $4 million from the Compensation Fund.. Details
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The International Federation of Football Associations announced its support for 225 players in the third phase of the process of distributing compensation to the Football Players Fund, after the joint decision with the International Federation of Professional Footballers, according to the program protocol.

FIFA had launched this fund in the wake of the agreement it reached with the International Federation of Professional Football Players in 2020, which provides for the provision of financial support to players who have not received their wages and no longer have any opportunity to receive the wages agreed upon with their clubs, and the total budget of the fund is 16 million. US dollars, and it is divided into four stages for submitting applications. After the successful completion of the second period, FIFA is now completing the final payments relating to the third phase.

The 225 approved applications fall within the third phase scheduled for the period from January to December 2021, for which a total of $4 million has been allocated.

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FIFA had allocated a total of 16 million US dollars for the program upon its launch, as the budget was distributed to four sessions, the first from July 1, 2015 to June 30, 2020, with an amount of $5 million, and the second from July 1, 2020 to the end of the same year, with an amount of $3 million. dollars and the third from January to the end of 2021 with an amount of 4 million dollars, and the fourth and last from January 2022 until the end of the same year with an amount of 4 million dollars.

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Roy Vermeer, director of legal affairs at the International Federation of Professional Footballers, said: “Given the great frustration that players feel with not receiving their salaries, it is good that they benefit again from the FIFA Footballers’ Fund, which provides them with a safety net to ensure that they receive their wages.” Part of their dues. It is also pleasing that the amounts paid from the Fund have increased significantly compared to previous years, and here we must praise the International Federation for all that it has provided for the sake of this project.

“Through our fruitful cooperation with the International Federation of Professional Footballers, we have been able to provide assistance to 1,370 players in recent years, and this is a tangible example of the solidarity of the two institutions with those who are It desperately needs support through an effective mechanism that benefits the entire football family.”

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