Channel NewsAsia
Channel NewsAsia
AsiaPac · 1 hrs ago

FIFA to proceed with consultation process over stake sale plans

The FIFA logo and silhouettes of people are seen in this illustration taken July 30, 2026. REUTERS/Dado Ruvic/Illustration 31 Jul 2026 11:39AM July 31 : FIFA will move forward with its consultation process for a proposed sale of a stake in its tournament business - including the World Cup, the world soccer governing body said on Friday despite fierce backlash led by UEFA."⁠Our planned consultation process was disrupted by incorrect media reports. We will proceed with this consultation process to ensure that each MA has the ability to express its vote based on facts," FIFA said in a statement. Source: Reuters
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