The Daily Star
The Daily Star
AsiaPac · 2 hrs ago

FIFA's private investment plan: All key stories and analysis

FIFA is facing strong opposition over a proposal to sell a stake in the commercial rights of the World Cup and other major tournaments to private investors. UEFA says the plan would give private companies too much influence over football and has voted to boycott all FIFA competitions, including the World Cup, unless FIFA withdraws the proposal and guarantees that ownership of the sport will remain within football's governing bodies.The backlash has spread beyond Europe. The Asian Football Confederation (AFC) says FIFA failed to consult regional confederations before making the proposal, while CONCACAF and the global players' union FIFPRO have also criticised the idea. According to reports, FIFA has offered financial incentives to member associations to support the plan, but growing opposit
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