FIFA approved a budget at its 64th Congress in Sao Paulo, Brazil June 10 and 11 that calls for spending $900 million on football development over the next four years, an increase of $100 million over the previous budget cycle. The Congress approved a 2015-18 budget that calls for investing $4.9 billion of an expected $5.0 billion in revenue over the four year period.
The member associations will this year receive two additional bonuses. A sum of $250,000 will be granted immediately, based on the 2011-13 period, and another $500,000 will be awarded in early 2015 after the current fiscal year ends. FIFA will use the same model to distribute money to national confederations, which will receive $2.5 million immediately and $4.5 million at the beginning of 2015.