FKF to receive Ksh 1 Billion from FIFA

The country’s football governing body, Football Kenya Federation (FKF) is expected to receive slightly over 1 billion shillings from world Football governing body FIFA for the purpose of football development and operational support.This follows the approval of FIFA’s 2022 Annual Report highlighting the world football governing body’s record‑breaking revenue of USD7.6 billion (Sh954bn) during the 2019‑2022 cycle and the USD11 billion (Sh1.3tn) expected to be earned during the 2023‑2026 period.FIFA Council highlights record breaking revenue in football🗞️👉 https://t.co/tqaiosht2a pic.twitter.com/B03PRYwWnC— FIFA Media (@fifamedia) February 14, 2023 Speaking after convening Council Meeting No. 22 in Switzerland, FIFA President Gianni Infantino announced that its member states would receive a minimum of eight million dollars (circa Ksh. 1,004,800,000) as part of its Forward Programme (3.0) that started in 2016 which seeks to improve the way FIFA develops and supports football across the globe so that the sport can reach its potential in every single country. “We started a development programme we called the Forward Programme in 2016 when I became FIFA President. It started with the first edition and now we are in the third edition investing well over two billion US dollars in football development all over the world.Football Kenya Federation to receive Ksh1 billion (USD8 million) from FIFA Forward 3.0 for football development projects and operational support- a 29% increase from the previous cycle. Source: FIFA pic.twitter.com/xhQVTSz5Zv— Eric Njiru (@EricNjiiru) February 15, 2023 Each member association of FIFA, each country will receive a minimum of eight million US Dollars over a cycle. We really want to make sure that every dollar that is generated by FIFA goes back into football and into football development all over the world,” Infantino said.“FIFA’s unprecedented investment in football is the result of our solid financial transparency and stands as a concrete example of how we are aiming to make football truly global,” said Gianni Infantino.Annual Report 2022 highlights FIFA’s record breaking investment in football🇬🇧 https://t.co/i3uYCqTFsw🇫🇷 https://t.co/FEjJIS1r0b🇪🇸 https://t.co/SrmCOpfj5L pic.twitter.com/SVT9uUTCUC— FIFA Media (@fifamedia) February 14, 2023 “The resounding success of the FIFA World Cup 2022 in Qatar has been key to the organization’s ability to fulfil its mission in relation to our member associations and the world of football, despite the multiple challenges we faced during the past cycle, not least the COVID-19 pandemic,” he added.The grants to member associations signifies a 29 per cent increase from the previous cycle.##NAJAVA_MECA_7024759##The FIFA council also confirmed the inaugural 32-team club World Cup in the summer of 2025 will feature four African clubs, four from Asia, four from the CONCACAF region, six from South America, one from Oceania, 12 from Europe and one as a tournament host.Saudi Arabia was picked as the host for the 2023 edition which will feature the current format of seven teams from December 12 to 22.Strength of a woman: Akisa’s magic hands that keeps Nzoia Sugar players fitIt has also been confirmed that the hosts for the 2026 World Cup, Mexico, USA, and Canada, trio will qualify automatically for the final round of the competition, with their slots, therefore, being deducted from the overall allocation of six assigned to CONCACAF.

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