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Conmebol consults members on FIFA's commercial subsidiary proposal
๐Ÿ‡จ๐Ÿ‡ฑ Chile /Sports

Conmebol consults members on FIFA's commercial subsidiary proposal

From Cooperativa · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • Conmebol has initiated consultations with its member associations regarding FIFA's proposal for a commercial subsidiary, FIFA Forward Enterprise (FFE).
  • The South American football confederation is seeking additional information from FIFA without taking an immediate stance on the plan to open World Cup commercial rights to private investment.
  • Conmebol emphasized that its priority is football's values and essence, stating that commercial decisions must serve the sport and not supersede it.

South American football's governing body, Conmebol, has begun consulting its member associations about FIFA's controversial proposal to create a commercial subsidiary, FIFA Forward Enterprise (FFE). The plan, championed by FIFA President Gianni Infantino, aims to attract private investment for the commercial exploitation of competitions like the World Cup.

Conmebol has not yet taken a definitive position for or against the proposal. Instead, the organization, led by Alejandro Domรญnguez, has requested further details from FIFA. In a statement, Conmebol stressed that its "priority will always be football: its values, its people, and the passion that makes it the most popular sport in the world."

While acknowledging the need for commercial and financial decisions to foster football's development, Conmebol asserted that "such decisions must always be in service of football and never above its essence." The confederation pledged to act with prudence, responsibility, and collaboration, contributing to global football's strength through institutional channels and good governance principles.

This initiative has already faced opposition from UEFA (Europe), Concacaf (North, Central America, and the Caribbean), and the AFC (Asia). Conmebol concluded by calling for unity within the football family, urging stakeholders to always place football above any other interest.

its priority will always be football: its values, its people, and the passion that makes it the most popular sport in the world.

โ€” ConmebolIn its statement, Conmebol outlined its core principles regarding the FIFA proposal.
DistantNews Editorial

Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.