JAKARTA - The COVID-19 pandemic has paralyzed various business sectors including sports. A number of football federations have even experienced significant financial problems. Now, the European Football Association (UEFA) has allocated IDR 3.9 trillion (236.5 million euros) to its 55 member federations to help overcome the crisis.
Launching Soccerway, Tuesday, April 28, UEFA said on Monday each association would receive Rp71.7 billion (4.3 million euros) which could be used to alleviate the negative impact of the coronavirus on football at all levels.
The donations come from the HatTrick program which was formed in 2004 to support development projects for each member federation.
"Our sport faces unprecedented challenges in relation to the COVID-19 crisis. UEFA wants to help its members respond in an appropriate way to their respective environments," said UEFA president Aleksander Ceferin quoted from the UEFA website.
"As a result, we agreed (assistance) of 4.3 million euros per association, which is paid for the remainder of this season and the following (season), as part of an investment fund, which our members can use to rebuild the football community, "he continued.
👉 UEFA has released € 236.5m to help its 55 member associations meet the challenges of # COVID19 in their respective countries. More information: 👇
- UEFA (@UEFA) April 27, 2020
Last week, UEFA poured nearly 70 million euros into clubs that were experiencing financial problems during the health crisis.
The funds will initially go to clubs that have released players for international matches following the completion of the European Cup qualifying play-offs.
World football governing body FIFA on Friday (24/4) announced that it would spend IDR 2.3 trillion to its 211 member federations as an initial step in the recovery plan.
The funds were obtained from the Forward 2.0 program, which was launched in 2016 and will provide a total of IDR 26.9 trillion.
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