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๐Ÿ‡ฎ๐Ÿ‡ฑ Israel /Sports

UEFA boycotts World Cup over FIFA plan to sell tournament stakes to investors

From Jerusalem Post · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • UEFA and its member associations will boycott all FIFA competitions in protest of plans to sell stakes in a tournament subsidiary to external investors.
  • European soccer's governing body stated that the World Cup should not be treated as an investment product and is not for sale.
  • Several other continental confederations, including the Asian Football Confederation and CONCACAF, have also criticized FIFA's plan.

UEFA's member associations have unanimously decided to boycott the World Cup and all other FIFA competitions, signaling a major rift in global soccer governance. The protest stems from FIFA's recent announcement to create a $20 billion subsidiary to manage its tournaments and offer up to 20% stakes to external investors.

No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive, unless this proposal has been abandoned in its entirety and binding assurances have been given that FIFA will never again open its governance or competitions to private ownership.

โ€” UEFAThis quote outlines UEFA's firm stance and the conditions for ending the boycott.

In a strong statement, UEFA declared, "No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive." The organization emphasized that the World Cup is a "greatest sporting legacy" built over generations and should not be surrendered to private investors. "The World Cup is not for sale," UEFA asserted, underscoring its commitment to preserving the integrity of the sport.

The World Cup cannot be treated as an investment product. It is one of footballโ€™s greatest sporting legacies. It has been built over generations by players, national teams and supporters across every continent.

โ€” UEFAThis statement explains UEFA's core objection to FIFA's commercialization plans.

The decision has garnered widespread support from other football bodies. The English FA has pledged to "stand shoulder to shoulder with our European colleagues." Furthermore, the Asian Football Confederation (AFC) and CONCACAF have also voiced strong criticism, noting they were not consulted on FIFA's investor plan. This unified front from major continental confederations presents a significant challenge to FIFA President Gianni Infantino's vision for commercializing the sport's premier events.

No part of it should ever be surrendered to private investors. The World Cup is not for sale.

โ€” UEFAThis quote powerfully conveys UEFA's rejection of private ownership in FIFA's major tournaments.
DistantNews Editorial

Originally published by Jerusalem Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.