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*ZIFA To Receive $1.5 Million COVID-19 Relief Funds From FIFA* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ix ZIFA will soon receive $1.5 Million COVID-19 relief funds from FIFA, $1 Million for men’s football, clubs and players and half a million for women football, The Herald reports. According to the publication, the funds are part of the $5 Billion grant FIFA is extending to member associations to help clubs mitigate the effects of the pandemic that has slowed down economic activities worldwide. ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- FIFA reportedly held a virtual meeting on Thursday and made the following resolution: > Grants, a universal solidarity grant of USD 1 million will be made available to all member associations, and an additional grant of US$500,000 will be allocated specifically to women’s football. In addition, each confederation will receive a grant of US$2 million. > Loans, member associations will be able to apply for interest-free loans amounting to up to 35% of their audited annual revenues. In the interest of solidarity, a minimum loan of US$500,000 will be available and a maximum of US$5 million. In addition, each confederation will have access to a loan of up to US$4 million. ZIFA is on record saying it was still financially OK despite the pandemic that has wreaked havoc in all sectors worldwide. More: The Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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