AFC Champions League funding for social responsibility approved
Kuala Lumpur: The Asian Football Confederation (AFC) Social Responsibility Committee met on Thursday at the AFC House to decide on several issues related to the AFC’s growing number of social responsibility projects.
The committee discussed recent developments of the AFC Dream Asia Foundation and approved the funding earmarked for social responsibility via the 2017 AFC Champions League final matches. Every year, five percent of the prize money given to the finalist clubs is allocated to social responsibility, as defined in the competition regulations.
The committee agreed that the Member Associations of last year’s finalists Urawa Red Diamonds (Japan FA) and Al Hilal SFC (Saudi Arabian Football Federation) will propose tailored activities to be organised via this funding, with the involvement of the clubs. The AFC will also initiate partnerships with local NGOs to ensure programme continuity.
The planned social responsibility projects at both the AFC Women’s Asian Cup Jordan 2018 and Asian Cup UAE 2019 were introduced, with the committee giving its support to the continuation of these projects.
The committee was informed of the recent developments with regards to the AFC Dream Asia Foundation, which will operate as an unregistered trust where transparency of sources of funding is a key element.
Finally, the committee expressed its support to the AFC assisting the 2018 IFCPF Asia-Oceania Championship in the Islamic Republic of Iran in November through technical expertise. A full activity report covering the period since the previous meeting was also given to the members by the AFC’s Social Responsibility Unit.