UEFA stands up to FIFA and rejects selling the World Cup to investors
UEFA, together with its 55 member federations, unanimously rejects selling World Cup stakes to investment funds, leaving Infantino fighting for his position.
English · Original discussion in Spanish · Published
UEFA stands up to FIFA and rejects the sale of the World Cup to private investors
UEFA, with its 55 member federations, has issued a resounding 'no' to FIFA's proposal to hand over stakes in the World Cup to investment funds. "The World Cup is not for sale," they declare. The stakes could not be higher: if Infantino insists, his job is on the line. Rumours are already circulating that his future is in doubt if the project moves ahead without European backing.
FIFA is reported to have secretly designed a plan to place tournament shares among private investors, without consulting the confederations. UEFA calls it "irresponsible and indefensible". Concacaf has also distanced itself, denouncing the lack of transparency. The decisive vote belongs to the 211 member associations, but with Europe opposed, the required majority (105 votes) becomes difficult to reach.
Some see the big sponsors from the Middle East and the United States behind Infantino. Others point out that, without European football, the business deflates. The option of a total break and a rival World Cup organised by UEFA is already being considered, although it would be a legal and sporting earthquake. For now, the showdown is on: either FIFA backs down, or world football splits in two.
UEFA, with its 55 member federations, has issued a resounding 'no' to FIFA's proposal to hand over stakes in the World Cup to investment funds. "The World Cup is not for sale," they declare. The stakes could not be higher: if Infantino insists, his job is on the line. Rumours are already circulating that his future is in doubt if the project moves ahead without European backing.
FIFA is reported to have secretly designed a plan to place tournament shares among private investors, without consulting the confederations. UEFA calls it "irresponsible and indefensible". Concacaf has also distanced itself, denouncing the lack of transparency. The decisive vote belongs to the 211 member associations, but with Europe opposed, the required majority (105 votes) becomes difficult to reach.
Some see the big sponsors from the Middle East and the United States behind Infantino. Others point out that, without European football, the business deflates. The option of a total break and a rival World Cup organised by UEFA is already being considered, although it would be a legal and sporting earthquake. For now, the showdown is on: either FIFA backs down, or world football splits in two.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (15 replies).
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