( CNN ) FIFA presidential hopeful Luis Figo is selling , but can he tempt 209 football federations to buy into his campaign to topple Sepp Blatter ? The Portuguese great outlined an eye catching $ 3.5 billion giveaway as he seeks to build a base to challenge Blatter in the May election . Figo 's `` For Football Manifesto '' promised that 50 % of FIFA 's revenues -- $ 2.5 billion -- would be handed to the national associations over four years to help fund global grassroots football development . The former Barcelona and Real Madrid star also wants to redistribute $ 1 billion of FIFA 's $ 1.5 billion reserves to the member associations . `` After many conversations with football leaders , one of the consistent themes fed back to me is the way FIFA currently distributes revenues to its member associations is very inefficient and ineffective -- especially for developing football across all associations , '' said Figo at a media conference to launch his campaign at Wembley Stadium . `` FIFA belongs to its member associations and it is only natural that FIFA 's revenues and reserves are distributed back to them directly . `` The impact of my proposals would mean between $ 8m- $ 10m being distributed to each member association across a four-year period . '' `` If done in the right way , with a clearly defined strategy that is centrally audited and monitored , this investment will radically enhance football opportunities for boys and girls and directly benefit all of FIFA 's 209 Member Associations . '' Having dealt with FIFA 's finances , Figo faced questioning over his knowledge of the world governing body 's executive committee members . Asked to name the 25 committee members he came up with four names -- haltingly . Moving on , Figo floated the idea of expanding the World Cup to 48 teams in a bid to include more countries outside of Europe . Currently there are 32 teams that compete in the international extravaganza but Figo believes an extra three or four days of play would allow more nations to be accommodated . `` By increasing the number of teams participating in the World Cup , we not only make sure that we include more countries from across the world , but also enable FIFA to raise significant increased revenues that can be used to invest in the growth of the game globally . As for the game itself he wants to put an end to `` triple punishments , '' trial out sin bins for unsporting behavior , and revert to the old offside rule -- where players are judged offside whether directly involved in play or not . Ethical issues arguably have been a bit of minefield for FIFA in recent years and Figo pledged to `` lead by example , with the highest ethical and moral standards . '' He 's up against Jordanian Prince Ali Bin-Al Hussein who is using the same campaign company -- Vero Communications -- which also works for UEFA , the European confederation within FIFA . `` All I can say is thank God in my life I have had a successful career ... I can stand on my own two feet , '' said Figo , who is funding his campaign out of his own pocket .
Sepp Blatter plans to give national and member states $ 2.5 billion of Vero Communications 's funds to help grassroots developments . The presidential candidate wants to increase the number of teams competing in the World Cup to 25 . If successful he would also like to see some changes to game rules .