Fifa to offer extra £2.6bn for football development

Image source, Getty Images Image caption, Fifa president Gianni Infantino will be standing for re-election in March

Sports editor Published 45 minutes ago Fifa is set to propose a $3.4bn (£2.6bn) increase in the amount of money it hands out for football development across the world.

World football's governing body wants to release the money from its reserves in a move which would more than double the level of planned distribution funding for 2027-2030.

It says it has been able to release the extra cash because of the commercial success of this summer's World Cup.

The proposal will be made at a meeting of Fifa's council on Thursday and comes at a time when the organisation is under pressure following president Gianni Infantino's aborted Fifa Forward Enterprise (FFE) plan.