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FA 'deeply concerned' over FIFA plan to sell $4bn stake in its competitions
UEFA and CONCACAF criticized the plan, while FIFA says 211 associations could receive $40 million each if they sign on.
- On Tuesday, FIFA president Gianni Infantino proposed creating a private company to manage competitions, offering 211 member associations $40 million each to sign the plan by September 19.
- Regional confederations UEFA and CONCACAF criticized the lack of due process, stating they were "completely unaware of this proposal" before its public release on Tuesday.
- Prime Minister Andy Burnham condemned the move, stating the World Cup is "not a product" and "crosses a line that football's governing institutions should never cross."
- European football's governing body UEFA warned it may boycott the tournament, insisting the World Cup is not an "asset to trade" and that officials take the plan "extremely seriously."
- Proposals revealed links to the extended family of United States President Donald Trump, as associations face immense pressure to prioritize immediate $40 million payments over long-term stewardship before September 19.
Insights by Ground AI
24 Articles
24 Articles
Fifa wants to sell World Cup shares. The outcry among national and continental associations is great – mainly due to a very specific aspect.
·Berlin, Germany
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Asian football body says ‘disappointed’ by Fifa investment plans
The AFC was not consulted on the proposal and is disappointed that a matter of such significance entered the public domain before its member associations had the opportunity to examine and discuss it.
·Petaling Jaya, Malaysia
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Coverage Details
Total News Sources24
Leaning Left3Leaning Right5Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 19%
C 50%
R 31%
Factuality
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