Football Association of Malawi (Fam) will, alongside other 201 Fifa member associations, now be receiving K863,161,000 (U$S1.25 million) annually following the world football governing body\u2019s decision to increase the grant from K271, 600,000 (U$S400,000).<\/p>\n
Fifa\u2019s 66th Congress, held in Mexico last week, resolved to increase the Forward Programme funding, which is for projects.<\/p>\n
Fifa President, Gianni Infantino, hosted the congress which attracted delegates such as Fam second-Vice-President, Othaniel Hara.<\/p>\n
Fam President, Walter Nyamilandu, confirmed on Saturday that they had engaged Fifa on funding for projects such as refurbishment of Luwinga Technical Centre in Mzuzu, constructing a technical centre in Lilongwe, a football academy and expanding Chiwembe Stadium into a 20,000-seater by 2017.<\/p>\n
\u201cI support the initiative by Fifa to make the budget pro-development. Investment in infrastructure and grassroots football will play a key role in bridging the gap with the developed countries,\u201d he explained.<\/p>\n
During the congress, Infantino warned the member associations, including Fam, not to bet r ay the organisation\u2019s trust after the increase in the development funding.<\/p>\n
\u201cDon\u2019t betray us, use it for football. What we are putting in place is a mechanism which will make sure Fifa is much more involved with the Member Associations,\u201d Infantino said.<\/p>\n
\u201cOn a very practical level, we will make sure the money is really invested into football and doesn\u2019t end up in the wrong place.\u201d<\/p>\n
A total of US$500,000 of that will come from what Infantino describes as \u201crunning costs\u201d, which will be granted to the countries provided they fulfill a minimum of eight of ten requirements, Insidesports website reported over the weekend.<\/p>\n
These range from being awarded US$50,000 for the appointment of a secretary general to being handed the same amount for \u201crunning an initiative or project related to integrity or good governance\u201d.<\/p>\n
Fifa will grant the other US$750,000 for projects \u201ctailored to the specific needs of the member associations\u201d.<\/p>\n
In revealing their revised budget for the period from 2015 to 2018, Fifa claim there is sufficient cash to implement the Fifa Forward Programme in spite of the well-documented financial issues they have faced over the past 12 months.<\/p>\n","protected":false},"excerpt":{"rendered":"
Football Association of Malawi (Fam) will, alongside other 201 Fifa member associations, now be receiving K863,161,000 (U$S1.25 million) annually following the world football governing body\u2019s decision to increase the grant from K271, 600,000 (U$S400,000). Fifa\u2019s 66th Congress, held in Mexico last week, resolved to increase the Forward Programme funding, which is for projects. Fifa President, […]<\/p>\n","protected":false},"author":3,"featured_media":24330,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-24328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/24328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=24328"}],"version-history":[{"count":2,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/24328\/revisions"}],"predecessor-version":[{"id":24332,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/24328\/revisions\/24332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/24330"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=24328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=24328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=24328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}