Soccer-FIFA says it invested $2.79 billion through development programme from 2016-22

FILE PHOTO: A long exposure shows FIFA's logo near its headquarters in Zurich, Switzerland February 27, 2022. REUTERS/Arnd Wiegmann/File Photo

(Reuters) - FIFA provided $2.79 billion to its member associations and confederations for investment in soccer development over the first two cycles of its Forward Development Programme, the world governing body said in a report on Friday.

Two iterations of the programme - a three-year and four-year cycle - have been completed since it was launched in May 2016, with FIFA committing money to a diverse array of local projects.