Clubs frustrated over wait for Fifa to share £185m of Club World Cup money

Clubs who did not play are to get solidarity payments No formula determined for dividing the money Frustration is growing among clubs globally at the extended wait for £185m of solidarity payments promised by Fifa on the back of last summer’s Club World Cup. Clubs that did not participate in the tournament were promised a share of the sum, designed to ensure a proportion of the event’s funding was distributed throughout the football pyramid. If shared equally it would amount to about £50,000 for every top-flight club in the world but, more than seven months after the Club World Cup’s conclusion, there is no sign of the money and no timescale for its distribution. The Guardian understands Fifa is yet to determine how the money will be allocated. Continue reading...

By Exclusive by Nick Ames and Matt Hughes