UEFA gives $256 mln to support its member associations
UEFA allocated €236.5 million ($256 million) to 55 member associations over the financial struggles from the coronavirus outbreak, European football’s governing body said.
''The UEFA Executive Committee gives the green light to lifting the conditions on payments made through UEFA’s HatTrick programme,'' UEFA said in a statement.
''This HatTrick funding is usually distributed to the national associations to cover running costs and to help develop specific and targeted areas of domestic football. However, UEFA has decided to allow each association to set its own priorities in light of the negative impact of the coronavirus on football at all levels.''
UEFA President Aleksander Ceferin said UEFA agreed to release €4.3 million per member association for the rest of this season and next as a part of the investment funding.