{"id":4578,"date":"2026-07-30T09:36:51","date_gmt":"2026-07-30T09:36:51","guid":{"rendered":"https:\/\/uspropertymoves.com\/?p=4578"},"modified":"2026-07-30T09:36:51","modified_gmt":"2026-07-30T09:36:51","slug":"opposition-grows-to-fifa-world-cup-sell-off-plan","status":"publish","type":"post","link":"https:\/\/uspropertymoves.com\/?p=4578","title":{"rendered":"Opposition Grows to FIFA World Cup Sell-Off Plan"},"content":{"rendered":"
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\n\tPushback to a controversial plan put forward by FIFA boss Gianni Infantino to sell off stakes in the World Cup and other commercial operations to private investors is growing.<\/p>\n

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\n\tEuropean soccer governing body UEFA has called an emergency meeting of its members on Thursday to discuss a coordinated response to the plan, with a European boycott of FIFA tournaments among the options being discussed.<\/p>\n

\n\tUEFA has condemned Infantino\u2019s proposal, calling it a plan to \u201csell the soul\u201d of football. Other major regional soccer bodies, including the Asian Football Confederation (AFC) and Concacaf, which covers North and Central America as well as the Caribbean confederations, have also criticized the proposals, saying they were not consulted on the plan and only became aware of it through the media.<\/p>\n

\n\tThe plan would see FIFA set up a new entity, called FIFA Forward Enterprise (FFE), that would bundle all the money-making operations associated with the soccer World Cup \u2014 including broadcast rights, sponsorship, ticket sales and licensing fees \u2014 and sell a significant stake in the new operation to private investors. Thrive Capital, an investment company founded by Joshua Kushner, brother of Donald Trump\u2019s son-in-law Jared Kushner, is leading the search for investors.<\/p>\n

\n\tFIFA is valuing the FFE at around $20 billion and has said the plan to sell equity stakes in the commercial group could raise an additional $10 billion for its member organizations. Those members, the 211 national soccer associations that make up FIFA, would have to vote to approve the proposal.<\/p>\n

\n\tThe opposition by UEFA, Concacaf, and the AFC suggests Infantino could have a fight on his hands. Together, those three confederations make up 143 of the 211 FIFA members.<\/p>\n

\n\tBut opposition to the FFE is not a unified front. In Europe, Czechia\u2019s soccer association has backed the plan. Despite the AFC\u2019s disapproval, association member Saudi Arabia is also believed to support it. Saudi Arabia will host the 2024 World Cup and the Saudi soccer association is a close ally of Infantino.<\/p>\n

\n\tIt is not clear whether the FIFA plan can pass with a simple majority vote or if the proposal requires a change to FIFA statutes, which necessitates a 75 percent majority.<\/p>\n

Read more Matthew Macfadyen, Claire Foy to Lead Adaptation of David Nicholls Romance \u2018You Are Here\u2019<\/a><\/p>\n

\n\tInfantino released a video on Wednesday evening calling the FFE \u201ca proposal, an offer,\u201d that would be subject to a democratic and consultation process. \u201cIt is an opportunity but not an \u00adobligation,\u201d he said. \u201cIt is a golden opportunity to turbocharge the development of the game globally.\u201d<\/p>\n

\n\tThat \u201cgolden opportunity\u201d will come with payments to FIFA members. FIFA has given members until Sept. 19 to decide whether to apply for an initial payment of $20 million from the proposed sell-off.<\/p>\n

\n\tIn a statement, UEFA said the $20 million payoff \u201csays everything you need to know about this plan\u201d and accused FIFA of \u201cusing our sport to enrich themselves and their friends.\u201d<\/p>\n

\n\tConcacaf and the AFC have not been as sharp in their criticism, but in a statement Concacaf said they were \u201cdeeply concerned by the lack of due process,\u201d noting Concacaf \u201cwas only made aware of this matter through media reports and, subsequently, via a media release.\u201d<\/p>\n

\n\tThe AFC issued a similar statement, saying they were \u201cnot consulted on the proposal and [are] disappointed that a matter of such significance entered the public domain before the AFC family had been afforded the opportunity to examine and discuss it through the appropriate and established governance channels. While the AFC recognizes the importance of exploring innovative approaches that can strengthen the future of global football, initiatives of this scale and consequence must be founded upon the principles of good governance, transparency and meaningful consultation.\u201d<\/p>\n

\n\tFIFA is could also face a backlash from elite clubs. The European Football Clubs organization, which represents more than 850 clubs, complained they were also not consulted on the FFE plan. \u201cThe EFC learned about this proposal in the same way as most global football stakeholders \u2013 without warning and through the media.\u201d<\/p>\n

\n\tUEFA could vote to boycott upcoming FIFA tournaments, including next year\u2019s Women\u2019s World Cup in Brazil, though that is considered an extreme option and could be seen as unduly punishing the women\u2019s game for a proposal which is primarily focused on monetizing the men\u2019s World Cup and men\u2019s Club World Cup.<\/p>\n

Read more Locarno Director Touts \u201cAdventurous\u201d Lineup for \u201cEra of Algorithms\u201d and Highlights Theme of Community<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

UEFA has called an emergency meeting to respond to FIFA's plan to sell off commercial stakes in the World Cup to private investors.<\/p>\n","protected":false},"author":1,"featured_media":4577,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2060,1581,2704,2,5],"class_list":["post-4578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-fifa","tag-fifa-world-cup","tag-gianni-infantino","tag-international","tag-sports"],"yoast_head":"\nOpposition Grows to FIFA World Cup Sell-Off Plan - US Property Moves<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uspropertymoves.com\/?p=4578\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opposition Grows to FIFA World Cup Sell-Off Plan - 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