FIFA reveals $5 million transferred to players whose salaries were not paid

FIFA

A FIFA fund helping players whose salaries were not paid sent $2 million to in excess of 400 candidates from Greek and Turkish clubs in the primary flood of payments, world soccer’s governing body said Wednesday.

FIFA fund paid $5 million to players

FIFA put away $16 million through 2022 to help players in a project with the worldwide union FIFPRO. The FIFA Fund for Football Players particularly targeted cases where clubs left business, at that point restarted without paying old debts. FIFA point by point how $5 million was conveyed in excess of 1,000 approved payments for 1,089 claims backdated from 2015 up to last June. The cash was planned to be a safety net and not settle up a full contracted compensation, and didn’t pardon clubs from their liabilities, the governing body said.

More than $3.65 million was paid to players whose claims were against clubs in Europe. A sum of 291 claims worth $1.36 million ? paying an average of $4,675 ? went to players who played for groups in Greece, where the economy was gravely hit by the aftermath from the worldwide financial downturn in 2008. Nearly $700,000 was paid toward 117 approved claims from Turkey. The average payout was $8,450 for 67 players from Russian clubs. There were six payments connected to clubs in Italy and four in England, yet none from Germany or Spain.

A solitary case from Africa included a player from a club in Cameroon and was not approved, FIFA said. Payouts from Asia added up to $675,000, with generally going to players from Malaysian clubs. Claims from South America amounted to $565,000, and $110,000 went to players in the North American soccer region of CONCACAF. FIFA said it designated $3 million for claims in the second 50% of 2020 and $4 million for each of 2021 and 2022.

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