FAZ To Receive K4.7m FIFA Grant

The football association of Zambia will receive  US$750,000(about K4,772,510) in increased financial grants from FIFA.
FIFA announced that all member associations,including FAZ will be given a grant for football development and other programmes.
This was announced by FIFA President Sepp Blatter following a leap in FIFA revenues.The 64th FIFA congress which ended in Sao Pauloa also announced increments in the Bursements to the six confederations.
THE benefiting confederations CAF,UEFA,AFC,CONCACAF,CONMEBOL and OCEANIA-will each recieve US$7million.
“The member associations will this year receive two addition bonuses(US$250,000 immediately based on the 2011-2013 Period and on completion of 2014 financial year.US$500,000 at the begining of 2015);the same model applies to the confederations(who will receive(US$2.4 million immediately and US$4.5 million at the begining of 2015)