UEFA says it will hold an emergency meeting with its 55 member associations this week to discuss FIFA’s proposed plan to bring in outside investors. Multiple outlets report that the discussion centers on FIFA offering equity stakes in major competitions, following FIFA’s announcement of plans for a new structure to manage the World Cup and other events. According to reports cited by Cyprus Mail, FIFA plans to create a $20 billion subsidiary to run the World Cup and related competitions, and to offer stakes to external parties as part of the proposal. UEFA’s initiative comes as member associations seek clarification and review the implications of the plan. The outlets describe UEFA’s move as a response to concerns around the investment proposal, which they characterize as controversial. While the reports do not detail UEFA’s position beyond calling the meeting, they agree on the key elements: the meeting involves UEFA’s 55 associations and is intended to examine FIFA’s proposed sale of equity to outside investors connected to the World Cup and other FIFA events.
UEFA to hold emergency meeting on FIFA equity investment proposal
UEFA says it will hold an emergency meeting with its 55 member associations this week to discuss FIFA’s proposed plan to bring in outside investors. Multiple outlets report that the discussion centers...
- UEFA is calling an emergency meeting involving its 55 member associations.
- The meeting is scheduled for this week to discuss FIFA’s investment proposal.
- FIFA proposes selling equity stakes in major competitions to outside investors.
- FIFA plans to create a subsidiary described as worth $20 billion to run the World Cup and other events.
- Reports describe FIFA’s equity sale proposal as controversial.
UEFA’s 55 member associations will hold an emergency meeting to discuss FIFA’s controversial proposal to sell stakes in its major competitions to external Read More: https://punchng.com/uefa-calls-emergency-meeting-over-fifa-investment-plans/
2 hours agoUEFA is looking to hold an emergency meeting with its 55 member associations this week to discuss FIFA’s proposed sale of equity to outside investors, the BBC and ESPN reported. On Tuesday, FIFA said it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes […]
2 hours agoUEFA is looking to hold an emergency meeting with its 55 member associations this week to discuss FIFA's proposed sale of equity to outside investors.
3 hours ago
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