North America’s football governing body CONCACAF rejects FIFA president Gianni Infantino’s proposal to sell stakes in the FIFA World Cup to private equity investors. The decision aligns CONCACAF with European nations that have also voiced opposition to the plan. According to reporting, the move comes amid broader concern over how FIFA would finance and structure World Cup investment deals.
CBS News additionally links CONCACAF’s stance to threats of action from UEFA, noting that UEFA’s boycott threat is part of the context surrounding the proposal. NDTV similarly reports that North American nations have joined European countries in opposing the plan.
While FIFA’s proposal targets private equity investment in the tournament’s commercial interests, both outlets emphasize that CONCACAF is not supporting the approach and is taking a public position against it. The reports do not detail alternative financing plans offered by CONCACAF or FIFA, nor do they specify immediate next steps beyond the rejection.