AIRLINK 70.65 Increased By ▲ 1.45 (2.1%)
BOP 4.96 Increased By ▲ 0.06 (1.22%)
CNERGY 4.27 Increased By ▲ 0.01 (0.23%)
DFML 29.95 Decreased By ▼ -1.30 (-4.16%)
DGKC 79.63 Increased By ▲ 2.38 (3.08%)
FCCL 20.56 Increased By ▲ 0.56 (2.8%)
FFBL 34.80 Decreased By ▼ -0.20 (-0.57%)
FFL 9.18 Increased By ▲ 0.06 (0.66%)
GGL 9.85 Increased By ▲ 0.05 (0.51%)
HBL 112.70 Decreased By ▼ -0.06 (-0.05%)
HUBC 133.10 Increased By ▲ 0.06 (0.05%)
HUMNL 7.00 Increased By ▲ 0.05 (0.72%)
KEL 4.26 Increased By ▲ 0.03 (0.71%)
KOSM 4.31 Increased By ▲ 0.06 (1.41%)
MLCF 37.15 Increased By ▲ 0.55 (1.5%)
OGDC 133.00 Increased By ▲ 0.13 (0.1%)
PAEL 23.70 Increased By ▲ 1.06 (4.68%)
PIAA 24.80 Increased By ▲ 0.60 (2.48%)
PIBTL 6.46 No Change ▼ 0.00 (0%)
PPL 117.35 Increased By ▲ 1.05 (0.9%)
PRL 26.21 Increased By ▲ 0.31 (1.2%)
PTC 13.15 Increased By ▲ 0.07 (0.54%)
SEARL 52.40 Increased By ▲ 0.40 (0.77%)
SNGP 68.40 Increased By ▲ 0.80 (1.18%)
SSGC 10.55 Increased By ▲ 0.01 (0.09%)
TELE 8.35 Increased By ▲ 0.07 (0.85%)
TPLP 11.00 Increased By ▲ 0.20 (1.85%)
TRG 58.72 Decreased By ▼ -0.57 (-0.96%)
UNITY 25.30 Increased By ▲ 0.17 (0.68%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,416 Increased By 7 (0.09%)
BR30 24,177 Increased By 140.6 (0.58%)
KSE100 70,955 Increased By 287.8 (0.41%)
KSE30 23,261 Increased By 36.7 (0.16%)

FIFA’s compensation paid to clubs that release players for the men’s World Cup has been increased by nearly 70% to $355 million for the 2026 and 2030 tournaments, the global soccer governing body and the European Club Association (ECA) said on Monday.

The Club Benefits Programme affords clubs a share of national team competition revenues in return for releasing players and also protects clubs in case their players are injured on international duty.

The previous amount earmarked for the 2018 and 2022 World Cups was $209 million. A renewed Memorandum of Understanding was signed on Monday at the ECA General Assembly in Budapest, Hungary.

“We are delighted to have signed this landmark agreement,” ECA Chairman Nasser Al-Khelaifi said.

“The MoU recognises the central role of clubs in football globally and ensures that they are properly represented in decision making around issues which affect them.”

Earlier this month, FIFA had announced a 32-team Club World Cup will be played every four years from June 2025, replacing its annual competition which featured seven teams.

The decision was met with opposition from leagues such as Spain’s LaLiga but the MoU will now have both FIFA and the ECA working together on its various sporting and commercial aspects for the 2025 edition.

“FIFA and ECA will also now establish closer working practices on a future new Club World Cup… and working together on future editions including on potential structures for managing the commercial rights going forward.”

FIFA also announced a newly structured international calendar which its president Gianni Infantino said had been endorsed by the ECA.

“To have the new International Match Calendar endorsed by ECA provides the necessary balance between club and national team football,” Infantino said.

“We have exciting projects ahead, including the new FIFA Club World Cup in 2025 and the new FIFA women’s Club World Cup. A close collaboration with clubs in Europe, and the rest of the world, will be essential for the success of those events.”

Comments

Comments are closed.