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FIFA President Infantino calls for ‘clearer and stricter financial regulations’ in football

FIFA President Infantino calls for ‘clearer and stricter financial regulations’ in football

FIFA President Gianni Infantino has called for clearer and stricter financial regulations in football in the post coronavirus pandemic era.

In a video message to FIFA’s 211 member associations, which was recorded in six languages (English, Spanish, French, German, Portuguese and Italian), President Infantino stated that thanks to the ongoing consultation and work done by FIFA administration, a financial relief plan “to benefit all of football” is entering the final phase of preparation with the objective of being presented in the upcoming FIFA Council meeting, and that international match calendar discussions are closer to “a balanced solution”

“On the financial and governance aspects, I also heard some interesting proposals on a wide range of topics,” said Infantino.

“From salary caps to transfer fee caps or other taxation mechanisms, to the possible obligation for governing bodies, competition organisers and clubs to build reserves or to contribute to a reserve fund which can be of assistance in hours of need such as now.

“I personally advocate for clearer and stricter financial regulations, imposing full transparency and good governance principles, and not only limiting this to the transfer system, but to the entire football ecosystem.”

Infantino reveals that FIFA is doing already a lot of work on this area and that this should be looked at critically and discussed.

“I think that these and other measures, projects and ideas should be discussed at all levels. I know that this is something that will spark intense debate, but debate is healthy, and we should speak about it all together – as we stand together during this difficult period.”

The FIFA President also recognised that a route back to the stadiums for spectators will also need to be managed because football is not the same without fans, but this should be made in a safe and responsible way that also follows guidelines and instructions of governments and health authorities.

“Football is already underway or about to restart in several countries. This brings us, and all the football fans across the globe, some hope for the future. However, we also have to understand and respect different decisions, especially from those among us who still need more time to be sure that a restart can be done in a way that is safe for everyone. Tolerance and understanding are important, especially these days.

“FIFA supports – every one of you. There isn’t one right answer to all the situations. Each country is different with different contexts and no one better than you knows the best way to deal with this enormous challenge.

“Let’s not forget that there needs always to be a place for fans. Football without spectators is clearly not the same, but we need to be patient when considering the right time to bring fans back to the stadiums.

!We will continue to work tirelessly, but also discretely and respectfully, to move beyond these temporary measures, and to ensure that fans are welcomed back in a safe and responsible way,” Infantino said.

Football Journalist | TotalEnergies AFCON 2021 Photographer | Media Officer - Kabwe Warriors FC | Graphic Designer | Videographer

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