Covid -19: ‘Fufa to utilise every cent of $1.5 million Fifa cash accordingly’

Covid -19: ‘Fufa to utilise every cent of $1.5 million Fifa cash accordingly’

The Federation of Ugandan Football Association has communicated its intentions of properly utilizing the lately allocated Fifa grants to member associations in cushioning players against the ravages of coronavirus.

In statement released on Friday, Fufa spokesperson and communications director, Ahmed Hussein, reiterated Fufa President Moses Magogo’s sentiments that every cent from the global football governing body will be rightfully spent in accordance with the objectives of the allocation.

The Fifa Council Thursday approved $1.5 billion as Covid-19 relief fund for member associations.

 Fufa being a beneficiary, the Ugandan football management body will be entitled to $1.5 million with part of the funds ring-fenced for women football.

“Just like the Fufa President mentioned on various media platforms and while meeting various stakeholders, Fifa was preparing an intervention. We are glad it was approved and also been vindicated. On behalf of the Uganda football community, we wish to thank Fifa for supporting world football and we will ensure that these funds are utilized in accordance with the rules and the objectives for which they are sent,” said Ahmed Hussein.

In addition to the package, there is also an approval of an interest-free loan facility to Fifa members up to 35 per cent of their audited books of accounts of their annual revenues expected to be disbursed in installments.

The disbursement will undergo the same stringent audit processes of Fifa.

In relation to this initiative, Fufa is Keen on ensuring that due process is observed to the fullest in accordance with Fifa’s guidelines.

“It is the role of the Executive Committee of Fufa to propose the appropriation of these funds and that of the General Assembly of Fufa to approve these budget variations to this magnitude.

“The target of utilisation of these funds shall be supporting football to manage the current and post Covid-19 effects to the game in Uganda so that football can return and get better.” FUFA said in part.

“In the immediate while, Fufa Executive Committee is going to convene an online Extra-Ordinary General Assembly for discussion of these matters so that the funds are available and allocated to beneficiaries,” Fufa concluded.