(Reuters) - FIFA announced on Thursday that it had agreed a $1.5 billion relief plan to help deal with the impact of the COVID-19 pandemic on the global game.
FIFA's plan means world soccer's governing body will dip into its reserves to provide national federations with a number of grants and interest-free loans to cope with budget hits.
"Both grants and loans can be directed by member associations to the wider football community in their respective territories, including clubs, players, leagues, or others that have been affected by COVID," said FIFA president Gianni Infantino. The council also backed changes to the calendar to support confederations' desires to extend international breaks to allow for fixture congestion and rearranged matches.
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