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UEFA Considers Boycott Over FIFA's World Cup Stake Sale Plan
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom /Sports

UEFA Considers Boycott Over FIFA's World Cup Stake Sale Plan

From BBC News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • UEFA is holding an emergency meeting to discuss FIFA's controversial plan to sell stakes in major competitions like the World Cup.
  • European football's governing body condemned the plan, fearing excessive influence from private investors, while FIFA claims it will increase global funding.
  • UEFA, representing most of the world's strongest football teams, holds significant leverage, and a boycott is being considered as a potential response.

UEFA is convening an emergency meeting of its 55 member associations to address FIFA's contentious proposal to sell stakes in its premier competitions, including the World Cup. The global football governing body intends to establish a new commercial subsidiary to manage its major events, allowing external investors to acquire ownership stakes.

This move has sparked significant concern within UEFA, which fears that private investors could gain undue influence over these competitions. UEFA has already issued a strong condemnation, stating that FIFA's plans have "crossed a line." While FIFA asserts that the initiative will facilitate greater financial distribution to football associations worldwide, European football leaders remain skeptical.

The meeting is expected to formulate a plan of action. Given the strong opposition, including the Football Association's claim of not being consulted, the possibility of a boycott is likely to be raised. Although UEFA represents only a quarter of FIFA's 211 member nations, its membership includes many of the world's most successful footballing nations, giving it considerable leverage.

crossed a line

โ€” UEFAUEFA's official response to FIFA's proposals.

UEFA recognizes that any competition organized by FIFA would lose substantial value without the involvement of its key members. FIFA's justification for exploring such proposals is to foster global growth in the sport. However, this pursuit of increased revenue raises fears that major tournaments, such as the men's and women's World Cups and the Club World Cup, could be held more frequently or with expanded participation, further straining an already congested football calendar.

Senior figures in English football have described the threat posed by FIFA's plan as one of the most significant challenges the sport has faced, comparable to the European Super League controversy. Unlike the Super League, however, it seems improbable that FIFA will easily back down. FIFA has stated its goal is to extend global development funding to $10 billion and offer member associations up to $20 million in capital. This situation marks another escalation in the strained relationship between FIFA and UEFA, which previously opposed FIFA's proposal for biennial World Cups.

the threat posed by Fifa's plan is one of the biggest the game has faced and is on a par with the European Super League

โ€” Senior source within the English gameDescribing the severity of FIFA's plan to BBC Sport.
DistantNews Editorial

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