DFB to reinvest profits in girls' football
Saturday, September 3, 2011
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The German Football Association has announced that €5m from the profits of the FIFA Women's World Cup has been earmarked for the development of girls' and women's football in the country.
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The success of the recent FIFA Women's World Cup is likely to reap benefits for future generations of female footballers in Germany after the German Football Association (DFB) announced a large amount of the profits from the event are to be reinvested into girls' football.
The tournament, which was staged in Germany in June and July, is expected to produce pre-tax profits of around €10.6m for the organisers. "Higher income from higher tickets sales and lower expenses – that was the formula for what was, even for us, a surprisingly successful event," said DFB president Theo Zwanziger.
"The idea is to invest this money into the development of girls' and women's football," added Hannelore Ratzeburg, the DFB vice-president. "On 1 September, the newly set up DFB women's football department starts up, headed by Steffi Jones. One of their first jobs will be to draw up suitable projects and campaigns for sustainable grassroots development in this area."
A total of €5m has been earmarked for girls' and women's football as the DFB look to build on an already impressive grassroots programme that has earned it a maximum six stars in the UEFA Grassroots Charter.
