There is good news from FIFA the world governing body of football for all member associations including the Ghana Football Association as a $1 500 000 grant will be paid into the coffers of the Ghana FA by the end of January 2021.
The amount – according to FIFA – represents a universal grant for all 211 member associations of the powerful body of global football and will be paid in two separate installments – $1 000 000 in July this year representing $500 000 for the GFA alone and $500 000 specifically for the GFA’s Women football and that is not all. Another $500 000 free money will be paid to the GFA alone as a member of FIFA by January 2021 and with the financial provision the current football season should be able to resume should government allows.
A FIFA statement on Thursday read:
“The FIFA Council convened by videoconference today and made important decisions for the future of football, chief of which was the selection of Australia and New Zealand as hosts of the FIFA Women’s World Cup 2023™.
The Council approved several measures with a view to responding to COVID-19 and helping football around the world in the face of the pandemic and its aftermath, namely:
The Council unanimously approved the FIFA COVID‑19 Relief Plan, which was designed by the FIFA administration in close cooperation with representatives of the confederations. Across its three stages, this global support plan will make available up to USD 1.5 billion to assist the football community.
In the first two stages of the plan, FIFA provided for the immediate release of all Forward operational‑cost payments to member associations and, subsequently, for the opportunity to transform Forward development grants into COVID-19 operational relief funds – with a minimum of 50% of released funds to be allocated to women’s football .
In stage three, approved by the Council today, further financial support will be provided through a system of grants and loans:
o Grants: a universal solidarity grant of USD 1 million will be made available to all member associations, and an additional grant of USD 500,000 will be allocated specifically to women’s football. In addition, each confederation will receive a grant of USD 2 million.
The Council unanimously approved the FIFA COVID‑19 Relief Plan, which was designed by the FIFA administration in close cooperation with representatives of the confederations. Across its three stages, this global support plan will make available up to USD 1.5 billion to assist the football community.
In the first two stages of the plan, FIFA provided for the immediate release of all Forward operational‑cost payments to member associations and, subsequently, for the opportunity to transform Forward development grants into COVID-19 operational relief funds – with a minimum of 50% of released funds to be allocated to women’s football .
In stage three, approved by the Council today, further financial support will be provided through a system of grants and loans:
o Grants: a universal solidarity grant of USD 1 million will be made available to all member associations, and an additional grant of USD 500,000 will be allocated specifically to women’s football. In addition, each confederation will receive a grant of USD 2 million.
