The Saudi Fund for Development (SFD) and FIFA have signed a landmark Memorandum of Understanding (MoU) to provide up to USD 1 billion in concessional loans aimed at building and rehabilitating sports stadiums and related infrastructure in developing countries.

Announced this week, the agreement marks a major joint effort to strengthen sports ecosystems around the world while driving economic and social development. The programme will target developing nations and their respective FIFA Member Associations, helping them invest in modern, FIFA-certified facilities that meet international standards.

Under the agreement, SFD and FIFA will work with national authorities to design and finance multi-sport venues that can serve as community hubs, create employment, boost local businesses, and offer young people safe spaces to train and compete. The funding will also act as seed capital to attract additional support from development institutions and private-sector partners.

Sultan bin Abdulrahman Al-Marshad, CEO of SFD, said the initiative reflects sport’s broader value. “Sport is more than competition—it’s a catalyst for development and inclusion. Through concessional financing, we are helping countries build the infrastructure they need to unlock potential, empower young people, and strengthen communities for generations to come.”

FIFA President Gianni Infantino welcomed the partnership, noting that many Member Associations require stronger infrastructure to meet global standards.

“This agreement is a crucial step in ensuring our FIFA Member Associations have the facilities to make football truly global,” he said.

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