UEFA and other European football bodies are escalating their opposition to a FIFA proposal to raise about $20 billion by selling a 20% stake in a new commercial subsidiary. Both reports say the plan has prompted criticism focused on transparency and governance, with UEFA also joined by organizations such as national football associations in Europe and CONCACAF in questioning how the proposal would be structured and overseen. According to the coverage, UEFA is considering urgent steps, including convening an emergency meeting of its member associations. That meeting is expected to review potential responses, and both sources indicate that boycotting future FIFA World Cups is among the options being discussed. FIFA President Gianni Infantino responds that the proposal would unlock roughly $10 billion in funding for member associations through 2030, framing the plan as a financial boost tied to the continued development of football. The reports do not describe a final decision or timeline for UEFA’s next actions, but they indicate opposition is growing as the proposal advances.
UEFA weighs World Cup boycott over FIFA plan to raise $20bn via commercial stake sale
UEFA and other European football bodies are escalating their opposition to a FIFA proposal to raise about $20 billion by selling a 20% stake in a new commercial subsidiary. Both reports say the plan h...
- FIFA proposes raising about $20 billion by selling a 20% stake in a new commercial subsidiary.
- UEFA cites concerns about transparency and governance related to the proposal.
- Other bodies, including European national associations and CONCACAF, also oppose the plan based on governance concerns.
- UEFA is preparing an emergency meeting of its member associations to discuss possible actions.
- Reported options include a potential boycott of future FIFA World Cups.
FIFA's plan to sell a 20% stake in a new commercial subsidiary has sparked fierce backlash from UEFA, the FA and Concacaf over transparency and governance concerns. UEFA is considering an emergency meeting, with a potential World Cup boycott among options. Gianni Infantino insists the proposal would unlock $10 billion in funding for member associations through 2030.
3 hours agoUEFA is stepping up its opposition to FIFA's proposal to raise $20 billion through the sale of minority equity in a newly created commercial entity, with sources indicating European football's governing body is preparing an emergency meeting of its 55 member associations to discuss possible action, including a boycott of future FIFA World Cups. The…
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