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GFA sets up three key developmental funds

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The Executive Council of the Ghana Football Association (GFA), has approved three developmental funds for the federation.

The three development funds include the Central Fund, Medical Fund, and the World Cup Benefit Fund.

A statement released on the GFA website explained that the Central Fund would support activities of Juvenile Football, Women’s Football, RFA’s, and the Medical Fund.

The fund according to GFA is important due to the pressing need for a dedicated source of funding for the aforementioned activities.

The Medical fund on the other hand, would cater to serious injuries to players in the Premier, Division One, and Elite Women’s division.

Injuries such as bones, cartilage, and ligaments shall not be solely left to the responsibility of clubs.

The GFA said they look forward to securing partnerships with medical institutions and experts to ensure players receive quality medical.

Lastly, the Special World Cup Benefit fund would enable key stakeholders to benefit from World Cup participation for development projects.

According to the GFA, 30% of net revenue accruing to the GFA from World Cup participation of the Black Stars shall be channeled to key stakeholders including Premier, Division One League, and Women’s Premier League, Regional Football Association, among others.

SourceGNA

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