The Confederation of African Football (CAF) says it is committed to increasing the financial resources available for the development of football in Africa. CAF states it will continue consultations with its member associations, FIFA, other confederations, and relevant stakeholders as discussions proceed. The call comes in response to a FIFA proposal that would allow private investment in the commercial operations of the FIFA World Cup and other major tournaments. According to coverage of CAF’s position, CAF is not opposing the broader goal of strengthening football funding, but is urging that FIFA’s plan be reviewed. The confederation frames its engagement as part of a process to determine how additional finance and other support can be delivered to football in Africa. Both reports characterise CAF’s stance as one of continued dialogue rather than a final decision. The development suggests CAF wants further assessment of the proposal’s implications and the mechanisms through which benefits would be channelled to African football.
CAF urges review of FIFA proposal to open World Cup commercial operations to private investment
The Confederation of African Football (CAF) says it is committed to increasing the financial resources available for the development of football in Africa. CAF states it will continue consultations wi...
- CAF says it is committed to increasing finance for the development and growth of football in Africa.
- CAF calls for a review of FIFA’s proposal related to commercial operations of major tournaments.
- FIFA’s proposal would open the commercial operations of the FIFA World Cup and other major tournaments to private investment.
- CAF says it will continue consultations with member associations, FIFA, other confederations, and stakeholders.
- CAF frames its actions as supporting the provision of increased financial and other resources for football worldwide and in Africa.
[Vanguard] The Confederation of African Football (CAF) has announced plans to review FIFA's proposal to open the commercial operations of the FIFA World Cup and other major tournaments to private investment.
1 hour ago"CAF is committed to continue consulting and working together with its Member Associations, FIFA, other Football Confederations and stakeholders in support of increasing financial and other resources for the development and growth of football in Africa and worldwide." The post ‘We’re committed to increasing finance for Africa’ — CAF urges review of FIFA proposal appeared first on Vanguard News.
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