UEFA releases 236 million euros to aid member federations

first_imgUEFA said on Monday it had allocated 236.5 million euros ($256 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 euros which can be used towards “its 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 program, which was created in 2004 to support development projects for each member federation. The program will have distributed 2.6 billion euros by 2024, UEFA said. Global governing body FIFA announced on Friday it would release $150 million to its 211 member associations “as the first step of a relief plan”.Those funds originate from the Forward 2.0 program, which was launched in 2016 and will provide $1.746 billion in total. Topics :center_img “Our sport is facing an unprecedented challenge brought about by the COVID-19 crisis. UEFA wants to help its members to respond in ways that are appropriate to their specific circumstances,” said UEFA president Aleksander Ceferin.”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.”Last week European football’s governing body released almost 70 million euros 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 play-offs.last_img read more

Ibrahimovic to leave United?

first_imgZlatan Ibrahimovic left Manchester United after less than two years. One of the largest clubs in the world officially confirmed that Swedish striker will leave their team just three months before expiration of his contract.Ibrahimovic arrived at Old Trafford in the year of 2016 without compensation from PSG, and he was the best player of the United in the first season, which he did not finish due to a severe injury last April. After surgery and several months of recovery, he returned to football in December, but another injury prevented him to return to his former shape. Jose Mourinho recently announced Zlatan’s leave at the end of the season, but an offer from the US made everything faster.Ibrahimovic said goodbye to United and his fans on his Instagram in a quite shocking but effective way. In the photo, he is presented as Jesus playing hands with the red-devil, which is clearly United.“Great things also come to an end and it is time to move on after two fantastic seasons with Manchester United. Thank you to the club, the fans, the team, the coach, the staff and everybody who shared with me this part of my history,” wrote Ibrahimovic.Ibrahimovic started his career in Malmo back in 1999, and he played for Ajax, Juventus, Inter, Barcelona, AC Milan and Paris St Germain. He won a total of 31 trophies with six different clubs. He won the League Cup, the English Super Cup and the Europa League with the United last year.US media announced that his transfer to LA Galaxy will be officially confirmed very soon.(Source: N1)last_img read more