For the second phase, members have been given the ability to transform remaining development project grants into COVID-19 operational relief funds.
Following approval from the Bureau of the FIFA Council, FIFA will implement the third phase, comprising a universal solidarity grant of $1 million for all members as well as an additional grant of $500,000 (£385,000/€425,000) for women’s football.
An additional $2 million (£1.42 million/€1.7 million) will be offered to each Confederation, with all full amounts being made available by January 2021.
There will also be interest-free loans to all FIFA member associations amounting up to 35 percent of their audited annual reserves, with a minimum loan entitlement of $500,000 and a maximum of $5 million (£3.85 million/€4.25 million).
Each Confederation will also be entitled to $4 million (£2.84 million/€3.4 million) in loans.
These funds will be made available for Member Associations to use for the restart of activities and competition, implementation of return-to-play protocols, the participation of national teams in competitions, the hiring and re-hiring of staff, the maintenance of football infrastructure and general administration and operating costs.
FIFA has raided its considerable reserves to finance the relief plan.