Asian soccer body joins opposition to FIFA and Infantino's World Cup private equity plan
UEFA members voted 55-0 against the plan as FIFA refused to back down on a proposed $15 billion to $21.3 billion investment deal.
- On Friday, The Asian Football Confederation joined UEFA and Concacaf in opposing FIFA's World Cup private equity plan, citing "serious concerns" and demanding an urgent governance review of FIFA president Gianni Infantino's proposal.
- European football's governing body, UEFA, confirmed an extraordinary boycott of FIFA competitions on Thursday, with its 55 members "standing as one," while Concacaf rejected the proposal, expressing "deep concerns about the lack of due process."
- The opposition coalition now commands 150 votes from the 211 total member associations, well above the 106 needed to block FIFA's plan, uniting UEFA, Concacaf, and the AFC against Infantino's strategy.
- FIFA president Gianni Infantino confirmed on Friday that FIFA will continue its consultation period despite boycott threats, planning to proceed toward a final vote scheduled for September 19.
- Uncertainty remains regarding Conmebol's 10 members, which has not publicly commented, and the 11-member Oceania Football Confederation , which will discuss the plan in August, potentially determining if opposition expands globally.
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60 Articles
Asian football body joins opposition to FIFA and Infantino’s World Cup private equity plan
The Asian Football Confederation said it “stands in solidarity” with UEFA and CONCACAF who threatened a boycott of FIFA competitions and rejected Infantino’s offer of one-off $20 million payments to each member federation.
Gianni Infantino is left without a senior advisor. Carlos Cordeiro resigned after the FIFA president revealed plans to sell a share of the World Cup, which has sent the football world into a tizzy. The AFC has now joined UEFA and Concacaf in fighting the proposal.
Bombshell in the football world: FIFA President Gianni Infantino (56) wants to sell the shares of the World Cup to private investors. UEFA and the European countries oppose this multi-billion plan and are even threatening a boycott. Follow all developments closely here.
The majority of the 211 countries affiliated with the world football governing body have now spoken out against the plans of FIFA President Gianni Infantino.
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