FIFA to fund players who aren't paid by clubs

The Fédération Internationale de Football Association (FIFA) has set a fund to help unpaid players to focus on honing their talent. 

FIFA is setting aside a $16 million fund dedicated to helping players who have not been paid by their respective clubs. The latest funding is set to cover these players up to 2022.

Aside from the fund, the federation will set a monitoring committee with global players’ union FIFPro in order to assess the needs of the players.
FIFA released a statement on Tuesday saying that the fund should serve as a “safety net” and not a full compensation.

FIFA president Gianni Infantino said the governing body wanted to show its “commitment to helping players in a difficult situation.”

What will the new FIFA funding cover?

FIFA will allot $3 million of its budget for the second half of this year and $4 million for the next two years. The federation will be allotting $5 million for cases of unpaid salaries from July 2015 to June 2020.

FIFPro president Philippe Piat said that more than 50 clubs in 20 countries have shut in the last five years. This has put several football players into tougher times.

“This fund will provide valuable support to those players and families most in need. Many of these clubs have shut to avoid paying outstanding wages, immediately re-forming as so-called new clubs,” Piat explained.

What are your thoughts on the latest FIFA funding? Comment down below if you agree with the purpose.