FIFA splashes N120m on NFF

The Nigeria Football Fed­eration (NFF) in ad­dition to the $8m that was her FIFA largesse for qualifying for the World Cup is to receive an additional $750, 000 as part of the profit from sponsorship of this year’s World Cup

It was gathered that the soc­cer governing body will pay its 209 national member asso­ciations and six regional con­federations bonuses totalling $200 million after it hailed this year’s World Cup in Bra­zil a financial success.

At its annual meeting in Sao Paulo, FIFA’s Deputy Gen­eral Secretary, Markus Kattner said this year’s tournament will generate $4.5 billion. FIFA had estimated the month long event would bring in $3.8 billion.

National associations will be given $750,000 each, while confederations will receive two payments that totalled $7 million. The bonuses are al­most 40 percent higher than the ones given after the South Africa World Cup four years ago.

FIFA President, Sepp Blat­ter, hoping to be re-elected to a fifth term next year, told delegates in meetings over the past two days that they “would be happy” with the bonuses.