FIFA Gives NFF N234m Christmas Bonus

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World soccer governing body, FIFA has given to its 209 member federations following the windfall it made after the Brazil 2014 World Cup a Christmas bonus of 1.3 million dollars (about N234m).

It was learnt that each member association will this year (2015) get a total of 1.05 million dollars from FIFA with 300,000 dollars of the money being specifically for the 2018 World Cup qualifiers.

According to FIFA scribe Jerome Valcke had in a letter to NFF and others stated: “Consequently and in summary,in 2015, each member association will be entitled to receive $1,050,000: $250,000 for the 2015 Financial Assistance Programme (FAP); $500,000 as a one-off financial bonus; and $300,000 as support for the preparation of and participation in the 2018 FIFA World Cup qualifiers”.

He went on: “This sum is in addition to the first tranche of $250,000 of the bonus that was made available after the 2014 FIFA Congress. Therefore, the total one-off contributions made to member associations as a result of the good financial results of the 2014 FIFA World Cup amount to $1,050,000 each plus, as mentioned, the normal 2015 FAP contribution of $250,000, making a grand total of $1,300,000.”

It would be noted that money spent during the World Cup in Brazil and the financial windfall expected from FIFA is at the centre of the crisis rocking Nigerian football since after the mundial where the Eagles crashed out in the round of 16.

•Sport writer/blogger • Media strategist •Good citizen of Nigeria and Social Media Evangelist and a core die hard Real Madrid fan.

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