English FA says ‘deeply concerned’ over FIFA plans
Summarized and contextualized by DistantNews.
At a glance
- The English Football Association (FA) expressed deep concern over FIFA's plans to sell stakes in its major competitions.
- The FA stated they were unaware of the proposal and lacked substantive details, questioning the process and governance involved.
- FIFA plans to establish a commercial subsidiary, FIFA Forward Enterprise (FFE), to attract long-term investors while retaining sole control.
England's Football Association (FA) has voiced significant concerns regarding FIFA's recently announced plans to sell stakes in its major competitions. The FA described itself as "deeply concerned about the lack of process and governance" leading up to the announcement.
We were completely unaware of this proposal and have no substantive details, including what the proposition actually is, and what conditions are attached.
FIFA confirmed proposals on Tuesday to create a commercial subsidiary to manage its events. Reports suggest this subsidiary could have ties to the family of former U.S. President Donald Trump. The move has already drawn sharp criticism from UEFA, Europe's football governing body, which declared the World Cup is not "an asset to trade."
Based on the limited information, we are deeply concerned about the lack of process and governance to get to this point, and the apparent substance and principles involved.
The FA emphasized its lack of prior knowledge about the proposal. "We were completely unaware of this proposal and have no substantive details, including what the proposition actually is, and what conditions are attached," the FA stated. "Based on the limited information, we are deeply concerned about the lack of process and governance to get to this point, and the apparent substance and principles involved."
football does not belong to investors.
FIFA stated that the new entity, FIFA Forward Enterprise (FFE), would seek "long-term investors who will purchase minority, non-controlling interests in FFE." The world governing body insists it will maintain sole control over FFE, as well as exclusive authority over football governance, competitions, the match calendar, and all regulatory and sporting decisions. British Prime Minister Andy Burnham also commented on X, stating, "football does not belong to investors" and that the World Cup is "the greatest competition in world sport, and it was never anyone’s to sell."
The World Cup is not a product. It is the greatest competition in world sport, and it was never anyone’s to sell.
Originally published by Vanguard. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.