FIFA Commits to Open Consultation on Private Investment Plan Amidst Opposition
Summary
FIFA has pledged to continue an open consultation with its 211 member associations over a proposed $4.2 billion private investment plan, amidst opposition from groups like UEFA, clarifying that football ownership will not be sold.
Key Points
- FIFA commits to an open and democratic consultation process with member nations regarding its private investment plan.
- The plan proposes raising approximately USD 4.2 billion, potentially giving each member association USD 20 million in 2027.
- FIFA denies intentions to sell football or transfer ownership as part of the investment plan.
- UEFA opposes the plan and has warned it may boycott FIFA tournaments, including the World Cup, if the plan proceeds.
