Football Kenya Federation aspirant Herbert Mwachiro has lauded the world football governing body FIFA for approving Covid 19 Funds.
FIFA had indicated that all her affiliates would be entitled to USD1,000,000 as the Universal Solidarity Grant, USD500,000 for Women Football Support; a grant that FKF is part of.
In a presser released on newsrooms on Monday, Mwachiro said: “The move is very timely and it’s a shot in the arm for many federations whose footballers, match officials, coaches and other technical officials have been adversely affected by the Covid-19 pandemic with most losing their revenue streams and sponsors pulling out or temporarily halting their sponsorship”.
“This has put the above vulnerable sportsmen and women in a very difficult position as they are among the hardest hit by the pandemic. Problems in relation to hunger, health and housing are affecting this class of sportspersons.
“They are already in debt over the past 3 months and the need to be alleviated is even more urgent. The opportunity to access the interest-free loan could also be looked into to help ease the burden on the hard-hit football community.”
According to FIFA, $500,000of the fund will be given in July 2020 and $500,000 in January 2021. The $500,000 support to Women’s Football will be released in July 2020 too.
In addition to the above, Member Associations can access an interest-free loan facility up to 35% of the audited books of Accounts of their annual revenues.
The help comes at a time when the Government of Kenya had earlier on set up Covid-19 Relief Fund Support players from different sports disciplines in the country.