FIFA, FIFPRO to launch global fund for salary protection of players

FIFA, FIFPRO to launch global fund for salary protection of players – $16m by 2022

FIFA, FIFPRO to launch global fund for salary protection of players – $16m by 2022

  • FIFA and FIFPRO (World Players’ Union) will launch a global fund for football players to provide financial support to players who have not been paid and have no chance of duly receiving the wages agreed with their clubs.

  • FIFA has set aside USD 16m for the fund up to 2022, and the allocation will be divided as follows: USD 3m in 2020, USD 4m in 2021 and USD 4m in 2022, plus a further USD 5m set aside for the retroactive protection of players’ salaries for the period between July 2015 and June 2020.

Source: Business Standard

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