The Asian Football Confederation (AFC) has backed Uefa and Concacaf in rejecting Fifa’s proposal to offer private investors ownership stakes in its competitions. In a statement released on Friday, the AFC argued that the plan put forward by Fifa president Gianni Infantino was unlikely to secure the widespread agreement and unity needed for it to […]
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Fifa plans to establish a commercial subsidiary responsible for managing its leading competitions, including the World Cups, while allowing outside investors to acquire shares in the business. The organisation said it would allow external parties to make minority investments without gaining controlling authority in the new company, named Fifa Forward Enterprise (FFE). Fifa stated on […]
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Nobody can say with confidence what will happen next, and Infantino’s long-term position remains unclear. Fifa has not yet replied to Uefa’s declaration. Concacaf, the governing body for football in North and Central America and the host confederation of this year’s World Cup, later issued its own statement saying all 41 members opposed the proposals. […]
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Following Thursday’s virtual meeting, chaired by president Aleksander Ceferin, Uefa issued a statement saying that the organisation and all 55 of its member associations were united in their position. The statement said they firmly and unanimously opposed Fifa’s plan to hand ownership stakes in the World Cup and its other tournaments to private investors. A […]
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The Asian Football Confederation has criticized Fifa for threatening football’s fundamental principles by moving ahead with plans to sell World Cup stakes to private investors without first consulting the continental governing bodies. In a letter distributed to the AFC’s 47 member associations on Thursday, president Salman bin Ibrahim al-Khalifa strongly denounced Fifa’s decision to negotiate […]
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Fifa argues that its proposal to sell World Cup stakes to private investors would provide its 211 member associations with additional funding for football development. Past experience, however, suggests that these resources have not always produced equal benefits. Millions have either disappeared or been diverted from their intended purpose, while Fifa has frequently intervened only […]
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Fifa has launched disciplinary action against Argentina concerning the team’s conduct after losing the World Cup final to Spain, as well as incidents that occurred during the competition. Last week, football’s global governing authority assigned a disciplinary and ethics prosecutor to review the events that followed the final whistle at New York New Jersey Stadium. […]
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Several national federations have voiced frustration after learning of the proposals only when Fifa announced them publicly. However, notably, many statements issued to date have stopped short of directly opposing the idea of the sale itself. Nevertheless, many Uefa members are believed to be unhappy with the proposal, and a meeting is expected to be […]
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Fifa has revealed a proposal to offer private investors stakes in the commercial rights to its competitions, including the World Cup. The contentious initiative immediately drew criticism from Uefa and several prominent European clubs. In a sharply worded response, Uefa accused Fifa of “putting football’s soul up for sale” and is reportedly assessing possible legal […]
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Jamie Raskin, the leading Democrat on the House Judiciary Committee, has opened an inquiry into Fifa president Gianni Infantino and requested records outlining the organization’s connections with Donald Trump and his administration. In a letter sent on Sunday, Raskin asked Infantino to hand over documents and correspondence concerning any gifts, money or other advantages given […]
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