LAUSANNE: Uefa said on Monday they had allocated €236.5 million to its 55 member associations to help overcome the financial impact caused by the coronavirus pandemic.
Each national federation will receive €4.3 million which can be used towards “their own priorities in light of the negative impact of the coronavirus on football at all levels,” the body said in a statement.
The funds come from Uefa’s HatTrick assistance programme which was created in 2004 to support development projects for each member federation.
The programme will have distributed €2.6 billion by 2024, Uefa said.
“Our sport is facing an unprecedented challenge brought about by the Covid-19 crisis,” said Uefa president Aleksander Ceferin.
“Uefa want to help our members to respond in ways that are appropriate to their specific circumstances.
“As a result, we have agreed that up to €4.3 million 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.”
Last week European football’s governing body released almost €70 million in benefit payments to clubs struggling financially during the health crisis.
The money was originally put aside to be paid to clubs who had released players for international matches after the completion of the European Championship qualifying playoffs.
Global governing body Fifa announced on Friday they would release US$150 million to its 211 member associations “as the first step of a relief plan”.
Those funds originate from the Forward 2.0 programme, which was launched in 2016 and will provide US$1.746 billion in total.