LFA holds financial workshop for clubs

The Liberia Football Association (LFA) held a financial reporting workshop for clubs in the board room at the Antoinette Tubman Stadium on 17 December.

LFA secretary-general Isaac T. Z. Montgomery facilitated the workshop on the reporting templates for the FIFA/CAF Covid-19 relief and women’s football development funds and subvention.

Nimba United general manager Emmanuel O. Deah, Jai FC secretary-general Robert L. Mendscole, Muscat FC financial secretary Nyon-Nyon P. Fiamah, Hippo administrative assistant Genesis Meami, Senior Female Professionals secretary-general Dixon M. Kpannah, Professional Sisters President Lamin S. Kiadii, Sr., Determine Girls secretary-general Farmorlu K. Fatorma and World Girls financial secretary Sharlyn C. S. Parker attended the workshop.

The LFA began the distribution of the FIFA Covid-19 relief funds on 21 August following the arrival of US$500,000 on 14 August and approval by the executive committee at an emergency meeting on 20 August.

It also disbursed the CAF Covid-19 relief fund on 12 September following the transfer of US$300,000 on 10 September, which was approved by CAF executive committee on June 30.

Clubs in the first division received a combined payment of US$9,000, the second division received US$8,500 and the women’s upper-division received US$10,666.67.

It was the second payment made by the LFA from the combined CAF/FIFA Covid-19 relief fund of US$1.8 million paid to African football associations.

FIFA Council, on 25 June, approved a universal solidarity grant of US$1.5 million to each of its 211 members with US$500,000 specifically for women’s football development.

The final payment of US$6,000 for clubs in the first division, US$5,500 for clubs in the second division, and US$3,333.33 for clubs in the women’s division will be made when FIFA transfers the balance US$500,000 in January 2021.

The LFA also distributed 20 footballs as part of the FIFA equipment solidarity fund to clubs in the first, second, and women’s divisions.

The sub-associations, sub-committees, and their clubs received 10 footballs respectively.

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