FIFA and Saudi Fund for Development team up to boost sports infrastructure

Sport

Saudi Arabia's Fund for Development (SFD) will provide up to $1 billion in concessional loans to build or enhance footballing infrastructure in developing nations under a Memorandum of Understanding with FIFA announced on Monday. The initiative aims to promote sustainable development through investment in sports facilities, focusing on social inclusion, youth empowerment and economic growth. "FIFA's role is to develop football worldwide, and many of our FIFA Member Associations need additional

FIFA and Saudi Fund for Development team up to boost sports infrastructure https://www.channelnewsasia.com/ - 24.11.2025 21:59

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FIFA and Saudi Fund for Development team up to boost sports infrastructure https://www.channelnewsasia.com/ - 24.11.2025 21:59