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World Cup: Concacaf Also Rejects Gianni Infantino's Privatization Plan
๐Ÿ‡ซ๐Ÿ‡ฎ Finland /Sports

World Cup: Concacaf Also Rejects Gianni Infantino's Privatization Plan

From Helsingin Sanomat · () Finnish

Translated from Finnish, summarized and contextualized by DistantNews.

At a glance

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  • Concacaf, representing North, Central America, and the Caribbean, has rejected FIFA President Gianni Infantino's plan to privatize World Cup shares.
  • The confederation's members expressed "deep concern" over the proposal's lack of proper procedure and transparency.
  • This follows a similar rejection from UEFA, increasing pressure on Infantino's controversial initiative.

The Confederation of North, Central America and Caribbean Association Football (Concacaf) has joined European football's governing body, UEFA, in rejecting FIFA President Gianni Infantino's controversial plan to sell shares in the World Cup to private investors. Concacaf's members convened for a meeting on Thursday and unanimously decided against the proposal, known as 'FIFA Forward Enterprise'.

According to a statement released by Concacaf, its members expressed "deep concern regarding the absence of due process surrounding the proposal, the artificially imposed deadline, and the lack of any review or approval from FIFA's governing bodies." The members also questioned the need for private capital to fund FIFA programs, particularly after the most profitable World Cup in history.

Concacaf emphasized the need for increased transparency and proper governance in football. The confederation has tasked its FIFA council members with working alongside FIFA to explore how existing FIFA funds could be better utilized to boost investment in football development within the region. They also stressed that all future matters should adhere to FIFA's statutes and proper governance procedures.

The unified rejection from both UEFA and Concacaf significantly complicates Infantino's efforts to gain majority support for his plan among FIFA's 211 member associations. The European body had previously threatened a boycott of FIFA tournaments if the proposal was not withdrawn, signaling a strong united front against Infantino's privatization initiative.

DistantNews Editorial

Originally published by Helsingin Sanomat in Finnish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.