The Executive Council of the Ghana Football Association (GFA) has approved three developmental funds for the federation.
These funds, among others, are set up to help the GFA improve in the areas concerned.
The funds include the Central Fund, Medical Fund and the World Cup Benefit Fund.
They were set up to support the activities of Juvenile Football, Women’s Football, RFA’s and the Medical Fund.
They are important due to the pressing need for a dedicated source of funding for the aforementioned activities.
Sources of the fund include ten per cent (10%) of all net statutory payments to the GFA; ten per cent (10) of all net revenues accruing to the GFA from the participation of all national teams in international assignments; two per cent (2%) of revenue generated from Football Development Fund (FDF) via international transfers; revenue from corporate sponsorship.
The funds were set up to cater for serious injuries to players in the Premier, Division One and Elite Women’s division.
Injuries involving bones, cartilages and ligaments shall not be solely left to the responsibility of clubs.
The Executive Council said it looks forward to securing partnerships with medical institutions and experts in ensuring that players especially, operate at optimum level at all times and are also guaranteed of quality medical care where the need arises.
The GFA is also looking to build the capacity of medical personnel at all clubs.
This shall be achieved through retraining and certification of all practitioners while enhancing the credentials of prospective practitioners.