FIFA is moving forward with plans to allow private investment in a commercial subsidiary, despite threats of a boycott from UEFA.
Key facts
- •FIFA intends to continue consultations on a plan to sell a stake in a commercial subsidiary to private investors.
- •UEFA has threatened to boycott FIFA competitions, including the World Cup, in response to the proposal.
- •The plan involves creating a commercial subsidiary for the world football governing body.
FIFA has announced it will proceed with consultations regarding a proposal to allow private investors to purchase a stake in a potential commercial subsidiary. The governing body is moving forward with the plan despite significant criticism from stakeholders.
Opposition from UEFA
The proposal has faced strong resistance from European football authorities. UEFA has explicitly threatened to boycott the World Cup and other FIFA-sanctioned competitions if the governing body proceeds with the plan to bring in private investors.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by France24 Sport.
