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Originally published by Standard Sports
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sports
November 25, 2025
9h ago

FIFA, SFD ink Sh129 billion deal to support sports infrastructure in developing nations

FIFA, SFD ink Sh129 billion deal to support sports infrastructure in developing nations

The Saudi Fund for Development and FIFA have announced up to one billion dollars in concessional loans to build and upgrade sports stadiums worldwide...

✨ Key Highlights

FIFA and the Saudi Fund for Development (SFD) have signed a Memorandum of Understanding (MoU) to provide up to USD 1 billion (Sh129 billion) in concessional loans for sports infrastructure development in developing nations.

  • The funding is designated for the construction and rehabilitation of sports stadiums and surrounding facilities across FIFA's 211 member associations.
  • FIFA President Gianni Infantino and SFD’s Chief Executive Officer Sultan bin Abdulrahman Al-Marshad formalized the deal, emphasizing sport as a driver for economic growth and social inclusion.
  • The initiative aims to create multi-sport venues meeting international standards, fostering education, recreation, and local commerce.

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