UEFA to allocate 14.1 mln to AFFA

UEFA to allocate 14.1 mln to AFFA UEFA Executive Committee will take place on May 24
Football
February 26, 2018 18:02
UEFA to allocate  14.1 mln to AFFA

Baku. 26 February. REPORT.AZ/ Record prize money for UEFA EURO 2020 and record grants for the development of the game in Europe were announced at the 42nd UEFA Ordinary Congress today in Bratislava, Slovakia, as UEFA's 55 member associations were informed of the decisions taken by the UEFA Executive Committee on the eve of the congress.

Report informs referring to the UEFA official website, the HatTrick V solidarity and development programme has been earmarked to receive €775 mln in its next four-year cycle, from 2020–2024. This represents an increase of almost 30% from the €600m available for HatTrick IV (2016–20). Each association will therefore be able to receive up to €14.1 mln over four years.

In other events occurring at the 42nd UEFA Ordinary Congress, Juan Luis Larrea Sarobe (Spain) was elected to the UEFA Executive Committee for a one-year term, whereas Sándor Csányi (Hungary) was elected FIFA vice-president for a one-year term, both being elected by acclamation.

UEFA Executive Committee decided to appoint Fernando Gomes to replace him as a member of the FIFA Council until the 2019 UEFA Congress.

Lars-Christer Olsson was ratified as the representative of the European Professional Football Leagues on the UEFA Executive Committee for a term lasting until the 2021 UEFA electoral Congress.

Finally, the UEFA Congress approved the 2016/17 report of the UEFA President and the Executive Committee; the 2016/17 report of the UEFA Administration; the 2016/17 financial statements and the 2018/19 budget; as well as several amendments to the UEFA Statutes The amendments to the UEFA Charter were also appreciated.

The next meeting of the UEFA Executive Committee will take place on 24 May 2018 in Kyiv, whereas the next UEFA Congress will take place in Rome on 7 February 2019.

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