World football governing body, FIFA, has announced its plans to host a global football event known as the World U-15 Football Festival. Revealing this news at the FIFA Congressional sitting in Bangkok, FIFA President Gianni Infantino stated that the festival will involve the participation of all 206 member football associations that make up FIFA. Infantino also highlighted the crucial role played by FIFA funds in facilitating the organization of football activities within the territories of member associations. Moreover, he mentioned that FIFA commits a substantial portion, 70 percent, of its revenue towards supporting the member associations.
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