FIFA World Cup private investment plan explained: Why teams are vowing to boycott the controversial scheme

FIFA is not new to controversy: In the last decade, the international soccer association has faced bribery allegations, corruption scandals, and backlash over questionable host nation decisions. But even by FIFA’s standards, the association’s latest proposal might be pushing it too far—and member states are not staying

An international boycott movement is growing after FIFA's Gianni Infantino announced plans to sell off the World Cup and other competitions to private equity investors, including Josh Kushner, the younger brother of President Trump's son-in-law Jared Kushner.

'Nobody is selling football!' FIFA doubles down on private investment plans despite World Cup boycott threat  GB News

European nations agreed Thursday to boycott the World Cup and all other FIFA competitions to protest Gianni Infantino’s plan to sell stakes in soccer’s biggest tournament to private equity investors. The North American soccer body rejected his plan later the same day.

FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.

UEFA vows to boycott all FIFA competitions over private investment plan  USA Today

The governing body's plan welcoming investors to purchase World Cup-related commercial rights has drawn criticism from around the world.

Opposition is growing in the soccer world to a plan by the sport’s governing body, FIFA, to spin off its events, principally the World Cup, as a separate commercial entity and invite investors to take a stake in it. The new company, FIFA Forward Enterprise, has been valued at about $20 billion. FIFA would seek…