The Asian Football Confederation (AFC) says it supports UEFA and CONCACAF in opposing FIFA’s proposal to restructure commercial control of the World Cup and other FIFA events. In a statement, the AFC says it has “deep concern” over FIFA’s plan to create FIFA Forward Enterprise (FFE), described as a US$20 billion commercial subsidiary intended to manage the World Cup and FIFA competitions. The AFC’s position aligns with that of UEFA and CONCACAF, which have raised objections to FIFA’s proposal to sell a stake in the business operations related to the tournament. The AFC characterizes the plan as a serious concern, indicating disagreement with FIFA’s proposed approach to ownership and management of key event commercial activities. While the outlets provide limited additional detail on the AFC’s specific reasons beyond its stated concerns, they all report that the AFC is taking a public stance alongside UEFA and CONCACAF against FIFA’s proposed sale and corporate restructuring linked to the World Cup. The matter centers on how FIFA would commercialise and potentially transfer financial interests in event operations through the proposed subsidiary.
Asian Football Confederation supports UEFA and CONCACAF against FIFA World Cup sale proposal
The Asian Football Confederation (AFC) says it supports UEFA and CONCACAF in opposing FIFA’s proposal to restructure commercial control of the World Cup and other FIFA events. In a statement, the AFC...
- The AFC states it has “deep concern” about FIFA’s World Cup restructuring plan.
- FIFA proposes creating FIFA Forward Enterprise (FFE) as a US$20 billion commercial subsidiary.
- UEFA and CONCACAF oppose the proposal, including the idea of selling a stake in World Cup business operations.
- The AFC says it backs UEFA and CONCACAF against FIFA’s proposal.
- The reported dispute relates to commercial control and management of the World Cup and other FIFA events.
The Asian Football Confederation said on Friday it was backing UEFA and CONCACAF over serious concerns about FIFA's proposal to sell a stake in the business operations of the World Cup. The post Asian Football Confederation backs UEFA, CONCACAF against FIFA proposal appeared first on Vanguard News.
2 hours agoThe Asian Football Confederation expressed "deep concern" about the proposed establishment of a US$20 billion commercial subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and FIFA's other events.
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