Theme parks, talent and tech: Saudi Arabia's path to global entertainment leadership    New Law of Commercial Registration expected to spur Saudi investment by 8.8%    Prince Faisal at G20 Summit: Ongoing Israeli aggression is pushing the region to the brink of a wider war Saudi Arabia announces accession to Global Alliance against Hunger and Poverty    Cityscape Global 2024 showcases Saudi real estate sector's growing appeal to global investors    Yemeni Orchestra's captivating performances in Riyadh, showcasing shared cultural legacies    Dar wa Emaar concludes its participation in Cityscape Global 2024 by signing financing agreements amidst a large turnout at its pavilion    Prince Khalid bin Salman meets governor of US State of Indiana    Future of Ronaldo's Al Nassr contract remains undecided, says Saudi Pro League CEO    Salem Al-Dawsari out for three weeks, Ruben Neves to return in January after surgery    Saudi Arabia targets win against Indonesia in AFC Asian Qualifiers match    Saudi-Djibouti joint committee kicks off its sixth session in Riyadh    GASTAT report: 45.1% of Saudis are overweight    Fury in Russia at Biden's Ukraine missile move    Top Republican says Trump nominees are 'disruptors'    German manufacturers warn of the sector's 'formidable crash'    Australian senator censured for heckling King Charles    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Pope calls for probe into whether Israel's attacks in Gaza amount to genocide    Anthony Hopkins to debut exclusive musical performance at Riyadh Season    Saudi national football team begins training in Jakarta ahead of Indonesia match    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



FIFA to pay clubs $209m for releasing players to World Cup
Published in The Saudi Gazette on 21 - 03 - 2015

In this Jan. 3, 2011 file photo, a worker cleans the road outside Khalifa Sport Complex in Doha, Qatar. FIFA announced Thursday that the 2022 World Cup final will be played on Dec. 18. — AP
ZURICH — FIFA has agreed to pay clubs worldwide $209 million for releasing players to the World Cup in 2018 and in 2022.
The deal with the 214-member European Club Association announced Friday almost triples the $70 million FIFA shared among clubs from 2014 World Cup revenues.
It also settles the issue of possible compensation from FIFA for moving the 2022 World Cup in Qatar to November-December.
FIFA said the working accord — extending one which expired last year — gives the ECA more involvement in other decisions affecting club football.
“We are taking a huge step forward in promoting relations between FIFA and the clubs in a spirit of mutual and constructive cooperation,” FIFA President Sepp Blatter said in a statement.
Clubs receive money on a daily rate for as long as players are on national team duty and involved in a tournament.
The new accord also extends a FIFA insurance program which pays the club salary of players injured while with national teams.
That project cost FIFA $88 million in the last four-year World Cup cycle. UEFA is paying 150 million euros ($160 million) to clubs for releasing players to the 2016 European Championship.
FIFA also said it earned record revenue of $2 billion last year, thanks to the World Cup's commercial power.
The governing body's annual financial report shows total profits of $337 million coming from the four-year cycle for the 2014 soccer tournament in Brazil.
FIFA pocketed $140.7 million in profit in 2014 alone. It added $91 million to its reserves, which now stand at $1.523 billion.
FIFA's expenses also soared, topping $5.38 billion in the past four years. Last year, FIFA spent $261 million in World Cup bonuses to soccer bodies, $27 million buying a hotel in Zurich and $39.7 million rewarding senior officials.
Let's get on with Qatar Cup
A top FIFA executive member who has been a critic of the Qatar World Cup said Friday that everyone must get on with making the event work now the dates have been agreed.
Jim Boyce, Britain's FIFA vice president, said the 2022 World Cup would be a one-off winter tournament.
“It's one year out of the calendar and I think if everyone works together for one year we can work it out to make sure everyone is satisfied,” Boyce told reporters on the sidelines of a FIFA executive committee meeting.
After months of debate, the FIFA executive decided Thursday that the 2022 World Cup would be on Dec. 18 — Qatar's national day — and the tournament would probably be reduced by four days to 28 days.
“There is always going to be someone who will complain,” said Boyce who has in the past said there should be a revote for the 2022 World Cup if corruption claims were proved and who spoke strongly against a summer World Cup in the Gulf state.
Nepal official probe
The president of the Nepal Football Association (ANFA) will skip next month's Asian Football Confederation congress in Bahrain after standing down for a further 90 days while FIFA investigate claims of corruption.
Ganesh Thapa had previously halted all football-related activity for 120 days while FIFA probed accusations from his colleagues at ANFA but the world governing body did not report any findings.
That self-imposed ban ended on March 3, allowing Thapa to resume his duties while Nepal took part in the first round of 2018 World Cup qualifying but his side lost 2-0 on aggregate to India after a goalless draw at home Tuesday.
FIFA said the former AFC vice president had opted to stand down again, meaning he will miss the April 30 congress in Manama where his full-time replacement at regional level will be voted for. — Agencies


Clic here to read the story from its source.