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UEFA releases $256 million to its 55 member associations due to financial impact of the COVID-19

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(G.N.S) Dt. 28

UEFA said each association would receive 4.3 million euros from a fund earmarked for targeted areas of development but decided to allow each association to “set its own priorities” due to the new coronavirus outbreak.
UEFA has released 236.5 million euros ($256 million) to its 55 member associations who are grappling with the financial impact of the COVID-19 pandemic.
“UEFA wants to help its members to respond in ways that are appropriate to their specific circumstances,” its president Aleksander Ceferin said in a statement.
“As a result, we have agreed that up to 4.3 million euros per association, paid for the remainder of this season and next, as well as part of the investment funding, can be used as our members see fit to rebuild the football community.”

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