Good news from Nyon for Slovenian clubs: UEFA has allocated a whopping 1.6 million euros to them
The European Football Association is a veritable money factory, but at the same time, it is an organization that willingly and generously distributes money among numerous football stakeholders. In this regard, Slovenia is no exception, and once again, Čeferin’s organization will transfer a substantial amount of money to the bank account of the Football Association of Slovenia (NZS), earmarked for clubs. UEFA has allocated a considerable sum of €1.677 million from solidarity funds for youth development, and NZS has already revealed how the amount will be distributed among the clubs.
As explained by NZS, the lion’s share of the financial pie will be divided among the clubs whose teams participate in 1. SNL and the clubs in 1. SML without a senior team in 1. SNL. Krka, Ilirija, Nafta, Brinje Grosuplje, Rudar Velenje, Tabor Sežana, Gorica, Koper, Mura, Bravo, Celje, Domžale, Maribor, Radomlje, Olimpija, Aluminij, and Rogaška will each receive €78,917.
The remaining 20 percent of the total amount, or €335,400, will be allocated to the clubs in 2. SML (east and west), meaning that each club will receive €16,770. These clubs include Fužinar, Bistrica, Drava, Vransko, Krško, MB Tabor, Ljutomer, Šampion, Malečnik, Brežice, Triglav, Dekani, Ivančna Gorica, Vrhnika, Interblock, Bilje, Škofja Loka, Slovan, Dob, and Šenčur.
“In accordance with the development programs of NZS and UEFA and the system of licensing football clubs, funds from UEFA solidarity funds must be used for the implementation of youth programs. Accordingly, 50 percent of the received UEFA funds are transferred to the beneficiaries immediately upon receipt of the funds from UEFA, while the remaining 50 percent is transferred only after the control of the intended use of funds is completed by the end of the 2023/2024 competition season. Recipients of funds must provide financial and substantive reports on the use of UEFA solidarity funds for youth programs to NZS. In the event that an individual club, a recipient of funds, fails to adequately demonstrate the intended use for the specified purposes, it is not entitled to receive the funds, and NZS may request their return. Returned or unallocated funds can be redistributed to other eligible clubs with the prior consent of UEFA,” NZS noted on its website.
This text was automatically translated using AI.