Audio By Carbonatix
FIFA and FIFPRO, the World Players’ Union, have reached an agreement to establish the FIFA Fund for Football Players (FIFA FFP), which aims 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, with this allocation to 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.
Several recent reports – including FIFPRO’s own 2016 Global Employment Report: Working Conditions in Professional Football – have attested to the proliferation of cases involving the non-payment of players’ salaries across the world.
In 2019, FIFA revised its Disciplinary Code, wherein it bolstered the framework for dealing with the non-payment of players’ wages, particularly in situations featuring so-called sporting successors of debtor clubs, i.e. new clubs formed with the prime aim of avoiding paying players their overdue salaries.
The agreement envisages the establishment of a monitoring committee composed of FIFA and FIFPRO representatives to process, assess and act on applications for grants from the FIFA FFP. While these grants will not cover the full amount of salaries owed to players, this fund will provide an important safety net.
FIFA President Gianni Infantino welcomed this new initiative, stating: “This agreement and our commitment to helping players in a difficult situation show how we interpret our role as world football’s governing body. We are also here to reach out to those in need, especially within the football community, and that starts with the players, who are the key figures in our game.”
Likewise, FIFPRO President Philippe Piat had the following to say about the fund: “More than 50 clubs in 20 countries have shut in the last five years, plunging hundreds of footballers into uncertainty and hardship. 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. FIFPRO has long campaigned against this unscrupulous practice and thanks FIFA for combating it in its Disciplinary Code.”
This new mechanism will come into operation on 1 July 2020.
Latest Stories
-
Securing children’s tomorrow today: Ghana launches revised ECCD policy
2 hours -
Protestors picket Interior Ministry, demand crackdown on galamsey networks
2 hours -
Labour Minister highlights Zoomlion’s role in gov’t’s 24-hour economy drive
2 hours -
Interior Minister receives Gbenyiri Mediation report to resolve Lobi-Gonja conflict
3 hours -
GTA, UNESCO deepen ties to leverage culture and AI for tourism growth
3 hours -
ECG completes construction of 8 high-tension towers following pylon theft in 2024
3 hours -
Newsfile to discuss 2026 SONA and present reality this Saturday
4 hours -
Dr Hilla Limann Technical University records 17% admission surge
4 hours -
Meetings Africa 2026 closes on a high, Celebrating 20 years of purposeful African connections
4 hours -
Fuel prices to increase marginally from March 1, driven by crude price surge
4 hours -
Drum artiste Aduberks holds maiden concert in Ghana
4 hours -
UCC to honour Vice President with distinguished fellow award
5 hours -
Full text: Mahama’s State of the Nation Address
5 hours -
Accra Mayor halts Makola No. 2 rent increment pending negotiations with facility managers
5 hours -
SoulGroup Spirit Sound drops Ghana medley to honour gospel legends
5 hours
