FIFA to invest $1 billion in women's football in the next four years: FIFA president Gianni Infantino

FIFA will double its funding for women's football to $1 billion over the next four years, president Gianni Infantino said on Thursday following a meeting of the world governing body's council.

"The Council decided to put 500 million in addition to the 500 million already budgeted," Infantino told reporters in Shanghai.

Meanwhile, FIFA has awarded the inaugural edition of its expanded 24-team Club World Cup to China, the association's president Gianni Infantino announced in Shanghai on Thursday, calling it a "historic decision".

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"The FIFA Council decided today, unanimously, to appoint China... as the host of the new FIFA World Cup for Clubs," he told reporters.