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FIFA planning coronavirus assistance package to world football

AFP/The Local
AFP/The Local - [email protected]
FIFA planning coronavirus assistance package to world football
Photo: AFP

FIFA is planning on offering "assistance" to world football after the coronavirus pandemic plunged clubs and leagues into an unprecedented financial slump, the global governing body confirmed to AFP in Lausanne on Tuesday.

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The organisation, which says it has $1.5 billion (1.36 billion euros) in reserve, said that it is "thinking over ways of assisting the global football community" in a statement sent to AFP.

UPDATE: What you need to know about the coronavirus crisis in Switzerland 

The form this assistance will take is "currently being studied and discussed in collaboration with FIFA members, federations and other partners", FIFA said.

FIFA had previously announced that it had created a working group aiding continental governing bodies with the impact of the COVID-19 crisis, which has left football seasons in limbo and led to the postponement of Euro 2020.

It also alluded to a support fund, the details of which could be announced before the weekend, sources told AFP.

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