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GFA gets $1.5 billion COVID-19 relief fund from FIFA

 

 

The Ghana Football Association is set to receive $1 million in grants from  FIFA after the world football governing body approved a $1.5 billion relief fund to help member associations impacted by the COVID-19 pandemic.

The GFA will receive an extra $500,000 to support women’s football.

The GFA has already benefited $500,000 from FIFA’s early release of FIFA Forward Funds.

Gianni Infantino, the Fifa president, said the relief fund had been “unanimously approved” by the members of its council and insisted there would be “strict controls” on how the money is spent.

All 211 member associations will be entitled to a “basic solidarity grant” of $1m each as well as $500,000 which must be invested in women’s football.

Also, member associations can apply for a COVID-19 relief loan worth 35% of their revenue up to a maximum of $5 million each. Continental governing bodies will get $2 million as a relief grant, and can also apply for an extra $4 million relief loan.

Infantino promised “strict controls on the use of the funds, with audits”, and said there would be “very clear conditions” for how loans are repaid.

Fifa is financing the enormous relief fund by dipping into its reserves, with $328 million covering grants and $556 million to finance loans, Infantino said.

“Clubs and federations are in real danger. In some parts of the world, football has not restarted. We need to help them,” he said.

The creation of the relief fund had been announced by Fifa in March when football across much of the globe was halted as the pandemic spread.

The Zurich-based body had already announced in April that it would free up $150 million in subsidies to member associations to help deal with the consequences of the crisis.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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