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Home AWCON NEWS

Female World Cup 2019: FIFA sets $ 4 Million as topmost price, disburses financial aid to qualified nations

11th March 2019
in AWCON NEWS, LIONESSES, Women's Football Africa
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Female World Cup 2019: FIFA sets $ 4 Million as topmost price, disburses financial aid to qualified nations
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Africa representatives, Nigeria, South Africa and Cameroon will rub shoulders with heavy weights, Spain, USA and others for the topmost price at the 2019 FIFA female world cup in France, as the football world governing body set $ 4Million for grasp. Kick442 has learnt

Comeroon online portal, kick442, gathered that football world governing body (FIFA ), sent a release recently calling on all the 24 nations that qualified for the France 2019, female world cup tournament to meet up with bank formalities through their federations in a bid have financial aid at their disposal.

The release signed on the 25th of January 2019, reads;

FIFA Women’s World Cup France 2019 – financial matters

“Dear Sir or Madam,We are pleased to send you information on financial matters related to the FIFA Women’s World Cup France 2019.”

Preparation money

“Following the decision of the FIFA Council taken in Kigali on 26 October 2018, FIFA will provide preparation money to the 24 participating member associations for the first time in the history of the FIFA Women’s World Cup.Based on the decision of the FIFA Council, an amount of USD 480,000 ( Approximately 280 Millions FCFA) will be available for each qualified member association and must be used for preparations for the FIFA Women’s World Cup France 2019 under the following conditions”:

– No payment for costs already incurred prior to 1 January 2019 may be claimed from this amount.

-The participating member association must report on the use of funds and a final itemised report must be submitted to the FIFA Women’s Football Competitions Department by Friday, 30 August 2019.

– FIFA reserves the right to audit all expenditure and will randomly sample at least four participating member associations to be audited by means of agreed procedures.

– The audit reports must be submitted to the FIFA Audit and Compliance Committee for consideration.

– FIFA may deduct any funds not used in line with the specified purpose from the prize money to which the participating member association is entitled.

The FIFA release further states that examples of eligible expenditure include organising friendly matches, training camps, delivering strength and conditioning programmes, purchasing sports and technical equipment, training technical staff and employing a sports psychologist for the team during the preparation phase.

Kick 442 understands FIFA has equally set aside the performance reward scheme for the competition depending on the final rankings of participants in the tournament:

Position of the team                    Amount (in USD)
Winners                                        USD 4 million
2nd place                                     USD 2.6 million
3 rd place                                     USD 2 million
4th place                                      USD 1.6 million
5th to 8th place (Each)                  USD 1.45 million
9th to 16th place (Each)                USD 1 million
17th to 24th place (Each)            USD 0.75 million

Cameroon will be in France as one of three countries to represent Africa in the upcoming Women’s World cup. South Africa, defending champions and continental bigwigs, Nigeria complete the trio.

Preparation for the tournament has been more intense for South Africa and Nigeria than Cameroon who are currently in their second post Africa women’s cup of nations training camp in Yaounde, the nation’s political capital.

The 24 nations tournament will begin on the 7th of June and run for a month with the USA to either retain or relinquish the crown they clinched in 2015.

ANGU LESLEY

AnguLesley on Twitter

Tags: ajaraakabameyong
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