UEFA Will Boycott FIFA World Cup If Kushner
UEFA and CONCACAF have expressed strong opposition to a FIFA plan to sell minority stakes in the World Cup to private equity investors. UEFA has threatened a full boycott of FIFA tournaments if the proposal proceeds.
Why it matters
This conflict represents a major governance crisis in international sports, pitting regional confederations against FIFA's commercial ambitions.
Breaking News FIFA Crisis (Live Updates): Kushner-Backed Deal In Peril As CONCACAF Rejects Plan By Zachary Folk ,
Topline CONCACAF, the soccer governing body for North America, Central America and the Caribbean, said it would reject a plan to sell minority stakes in the FIFA World Cup—putting the controversial plan at risk hours after the European confederation took the dramatic step of approving a World Cup boycott until the plan was rejected.
FIFA President Gianni Infantino previously gave member associations until September 19 to approve the deal. AFP via Getty Images Key Facts In a statement released on Thursday, CONCACAF said its members had “deep concerns” about the plans announced earlier this week, criticizing the “artificially short deadline imposed” and questioning why private equity was needed for funding after “the most profitable FIFA World Cup in history.”
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 accountAlready have an account? Sign in