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UEFA, AFC, CONCACAF Criticize Infantino Over World Cup Stake Sale Plan
🇸🇬 Singapore /Sports

UEFA, AFC, CONCACAF Criticize Infantino Over World Cup Stake Sale Plan

From CNA · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • FIFA President Gianni Infantino faces backlash from UEFA, AFC, and CONCACAF over his proposal to sell commercial rights to the World Cup.
  • Infantino initially proposed selling 20% of the rights to private investors to raise approximately $4.2 billion.
  • The plan was later abandoned, but the football confederations have voiced their opposition.

FIFA President Gianni Infantino is confronting open dissent from major football confederations following his controversial proposal to sell commercial rights to the World Cup. The Union of European Football Associations (UEFA), the Asian Football Confederation (AFC), and the Confederation of North, Central American and Caribbean Association Football (CONCACAF) have all publicly criticized Infantino's plan.

Infantino's initial proposal involved divesting 20% of the World Cup's commercial rights to private investors, a move intended to generate approximately $4.2 billion for FIFA. While the plan was ultimately abandoned, the backlash from the continental confederations highlights significant internal divisions within the global football governing body regarding commercial strategies and governance.

The opposition from UEFA, AFC, and CONCACAF suggests a strong resistance to privatizing key assets of the world's most popular sporting event. The exact nature of their criticisms and the future implications for FIFA's commercial dealings remain subjects of discussion within the football community.

DistantNews Editorial

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

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