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FIFA and Saudi Fund to lend up to $1B for sports infrastructure in developing nations.
FIFA and the Saudi Fund for Development have agreed to provide up to $1 billion in concessional loans to support sports infrastructure in developing countries.
The funds will help build and upgrade stadiums and related facilities, primarily for FIFA member associations in low-income nations.
The initiative aims to boost football participation, create jobs, stimulate local economies, and promote social inclusion.
It also seeks to attract additional public and private investment.
The partnership reflects a shared commitment to using sport as a tool for sustainable development and global inclusivity.
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La FIFA y el Fondo Saudí prestarán hasta $ 1B para la infraestructura deportiva en los países en desarrollo.