ACCRA – The executive council of the Ghana Football Association (GFA) has approved the setting up of three development funds: a central fund, a medical fund, and a World Cup Benefit fund.

The central fund will support the medical fund as well as activities of juvenile and women’s football and regional football associations (RFAs), while the medical fund is expected to cater to serious injuries to players in the premier, division one, and elite women’s division.

The special World Cup benefit fund, on the other hand, will enable key stakeholders to benefit from World Cup participation for development projects.

“The above stated development funds will help address some pertinent issues and challenging areas of operation of stakeholders in the industry, giving an attestation to the FA’s mission of igniting passion and creating wealth for all in football,” the GFA said in a release.