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
-
Cyber Security Authority issues Public Alert over Easter and Eid al-Fitr season scams
19 mins -
Sandro Tonali charged by FA for alleged betting rules breaches after joining Newcastle
21 mins -
Scancom PLC holds 6th AGM, declares dividend of 17.5 pesewas per share
46 mins -
Former Deputy AG accuses Godfred Dame of unethical legal behaviour
53 mins -
John Kumah goes home on May 18
58 mins -
Tema General Hospital: If a baby died, it wasn’t because of ‘dumsor’ – GHS Accra Director
1 hour -
Afenyo-Markin fetes cast and crew of ‘the gods are not to blame’
1 hour -
‘Dumsor’ to hit parts of Accra and Tema today
2 hours -
Dolly Parton speaks out after Beyoncé reveals she’s covering ‘Jolene’
2 hours -
Energy transition threatens survival of GNPC – PIAC warns
2 hours -
ECG fails to comply with PURC directive to publish ‘Dumsor’ timetable
2 hours -
Tullow, partners affirm commitment to support coastal communities
2 hours -
Creative Addictions: Documentary on drug use among celebrities premieres on Joy News, Joy FM, Joy Prime
3 hours -
‘There is something mysteriously amiss somewhere’ – Gabby Otchere-Darko on ‘dumsor’
3 hours -
Sean ‘Diddy’ Combs: What we know about the accusations against him
3 hours