The body chaired by Luis Rubiales approves the second largest budget in its history, 382 million
Two days after the Council of Ministers approved the €7.5 million grant to the Spanish Football Federation (FEF) to promote Spain’s candidacy for the 2030 World Cup, the body, chaired by Luis Rubiales, will continue during the 2023-2024 season negotiating with the government, an agreement to increase this government support. “We continue our journey together with Portugal and Ukraine with the illusion of organizing a World Cup. We deserve it, we are prepared, we could organize it in a few months, but with the seriousness with which we work, we are solid candidates,” Rubiales announced on Thursday during the extraordinary meeting in which the FEF approved the second largest budget. in history. There are 382 million budgeted for fiscal year 2023, a figure surpassed only by 2022’s 406.
The grant of 7.5 million will be formally requested by the FEF “in the coming days”, as announced by the top federation leader regarding aid that will be funded from the Higher Sports Council (CSD) budget corresponding to the exercise of the year ending. The FEF remains the only sports federation that does not receive regular assistance from the CSD. “This support of 7.5 million, a finalist for the development of the candidacy and infrastructure, is very good for us,” acknowledged Rubiales, who received the support and congratulations of FIFA President Gianni Infantino and UEFA President Aleksander Ceferin, via two separate videos. The candidacy of Spain and Portugal, with Ukraine as the host, competes, among other things, with the joint proposal of Argentina, Uruguay, Paraguay and Chile to host the championship that will be held in eight years.
Rubiales welcomed the adoption of such a large budget and the FEF’s ability to generate its own resources. «We have great financial independence and even in an off-peak year (without World Cup or Euro Cup) the revenues are maintained in the great concepts and commitments that this federation has. It is cruising speed and turnover increases are expected in the coming years.
Source: La Verdad
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