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ESPN·2 min read·medium

UEFA blasts FIFA proposal to allow for $10B in World Cup private investment - ESPN

M
Mark Ogden
UEFA blasts FIFA proposal to allow for $10B in World Cup private investment - ESPN
AI Summary

UEFA has formally opposed a FIFA proposal to sell private equity stakes in the World Cup. The governing body argues that the tournament is a public asset that should not be subject to private commercial ownership.

UEFA has rejected a FIFA plan to sell stakes in the World Cup to private investors as a "line that football's governing institutions should never cross" and that the World Cup is "not FIFA's to sell.…

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