OFA to receive $500,000 support from FIFA
The Oman Football Association (OFA) will get US$500 000 from FIFA, within the next few days, as part of the world football governing body’s programme, to provide a relief plan to help the global football community paralysed by the COVID-19 pandemic.
According to the world football governing body, it will release operational funds for 2019 and 2020 amounting to US$150mn to all its member associations as the first step of a relief plan to help negate the economic impact of the coronavirus pandemic.
FIFA said on Friday that each of FIFA’s 211 member associations would receive US$500,000 in the coming days as well as any remaining entitlements for 2019 and 2020.
“The pandemic has caused unprecedented challenges for the entire football community and, as the world governing body, it is FIFA’s duty to be there and support the ones that are facing acute needs,” said FIFA President Gianni Infantino in a statement released by fifa.com.
“This starts by providing immediate financial assistance to our member associations, many of which are experiencing severe financial distress.
The coronavirus outbreak has brought football to a standstill and clubs have struggled to cope with the loss of revenue.
“This is the first step of a far-reaching financial relief plan we are developing to respond to the emergency across the whole football community. Together with our stakeholders, we are we assessing the losses and we are working on the most appropriate and effective tools to implement the other stages of this relief plan.
“I would like to thank the chairpersons of the FIFA Development Committee, Shaikh Salman Bin Ebrahim Al Khalifa, and the FIFA Finance Committee, Alejandro Domínguez, for their commitment and urgent approval of these measures by their committees."
FIFA said it would immediately release the second instalment of operational costs for 2020, originally due in July, and which under normal circumstances member associations would have only received in full upon fulfilment of specific criteria.
“This immediate financial assistance should be used to mitigate the financial impact of COVID-19 on football in member associations, namely to meet financial or operational obligations that they may have towards staff and other third parties,” FIFA said.