Coronavirus, UEFA “helps” federations: 240 million coming

ROME – UEFA has decided to allocate 236.5 million euros to help the 55 affiliated federations to deal with the Covid-19 emergency in their respective countries.

This HatTrick funding is usually distributed to national associations to cover running costs and help develop specific and targeted areas of national football.

However, UEFA has decided to allow each federation to set its priorities in light of the negative impact of coronavirus on football at all levels.

“Our sport faces an unprecedented challenge due to the Covid-19 crisis.

UEFA wants to help the federations to respond appropriately to specific circumstances – said President Aleksander Ceferin – consequently, we have decided to allocate up to 4.3 million euros to the federation for the rest of this season and for the following one.

Each affiliated association will be able to use the funds , in addition to part of the investment funds, as it deems appropriate to rebuild a damaged football community ”.

“I believe it is a responsible decision to help the football community as much as possible – said Ueda n.1 – I am proud that football is showing unity during this crisis.

Without a doubt, football will be at the center of the activities that will allow people to return to normal when the time comes.

We must do everything we can to ensure that it is able to respond to the appeal. "

The UEFA HatTrick assistance program is one of the largest solidarity and development programs ever established by a sports organization.

It was born in 2004 after Uefa Euro in Portugal and is based on a simple concept: reinvesting most of the revenues of the European Championship to grow football on three fronts (hence the name of the program): investments, training and knowledge sharing.

By 2024, the HatTrick program will have reached a sizeable 2.6 billion euros for the UEFA federations. (source AGI)

Source: Blitz Quotidiano

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