Article may be outdated

This article is 62 days old. Some details may have changed since publication.

DW.com·3 min read·medium

UEFA set for emergency meeting on FIFA World Cup proposal

C
Chuck Penfold
UEFA set for emergency meeting on FIFA World Cup proposal
✦AI Summary

UEFA and other football governing bodies have threatened to boycott FIFA competitions if the organization proceeds with plans to sell a minority stake in a new commercial subsidiary. The opposition centers on the principle that the World Cup should not be treated as a private investment product.

Why it matters

This conflict represents a significant power struggle between global football governing bodies over the commercialization and ownership of the world's most popular sporting event.

✦Dive DeeperCreate a free account to unlock

UEFA members unanimously voted to boycott ‌the ⁠World ⁠Cup and other competitions unless FIFA abandons its private investor plans. "The World Cup is not for sale," they said, as FIFA seeks to sell a stake in it.

https://p.dw.com/p/5Hzrw Many UEFA members have expressed opposition to FIFA's proposal/AFP Advertisement European football's governing body, UEFA, voted unanimously to boycott FIFA competitions if the world governing body proceeds with plans to create a new commercial subsidiary valued at $20 billion (roughly €17.5 billion) and sell a non-controlling minority stake in it to investors .

The subsidiary would be responsible for FIFA's commercial rights like broadcast, sponsorship, ticketing and licensing contracts for its competitions, including the World Cup .

UEFA's 55 members met to discuss a response to FIFA President Gianni Infantino's controversial plans.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
sportsbusiness
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in