Football Federation of Armenia increases its budget tenfold in 13 years
18.04.2015,
16:51
The reelected president of the Football Federation of Armenia (FFA) Ruben Hayrapetyan said today the budget of the federation increased 10 times in the last 13 years to 4 billion drams in 2014.
YEREVAN, April 18, / ARKA /. The reelected president of the Football Federation of Armenia (FFA) Ruben Hayrapetyan said today the budget of the federation increased 10 times in the last 13 years to 4 billion drams in 2014.
"This is the result of good management and productive work of the federation. When I took office as president of the federation in 2002, it had a small budget. Last year it grew to 4 billion drams", said Hayrapetyan.
He said unlike a few years ago when the budget of the FFA totally depended on contributions from FIFA and UEFA, now the situation has changed, and FFA itself secures its budget.
He also said that from 2003 to 2014 the Football Federation of Armenia invested 10.5 billion drams in the development of football infrastructure. ($1-472.28 drams) - 0-
