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FIFA AND FIFPRO LAUNCH GLOBAL FUND FOR PLAYER SALARY PROTECTION
FIFA and FIFPRO 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 $16 million (USD) 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.
Football Finance Report 2020
2020 Football Revenue Report by Football Business Group where we look at the top 20 highest revenue generating clubs in world football FC Barcelona generated profits of €841m in the past year becoming the first club to take in more that €800m 🏆 Overall, the 20 highest earning football clubs in the world generated €9.3bn of revenue on […]
