NewzFIFA has announced plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary. The proposal, which involves a reported $20 billion investment plan, would see the governing body retain a majority share while offloading a portion of its tournament assets.
The announcement has triggered widespread criticism from several major football confederations. UEFA has led the opposition, describing the World Cup as not being an "asset to trade," while the Asian Football Confederation and CONCACAF have expressed disappointment, noting they were left blindsided by the proposal. Additionally, the English Football Association has joined the growing chorus of organizations questioning the move.
Critics argue that these plans represent a significant shift in how world football is managed and financed. European football leadership has signaled an increased willingness to challenge FIFA's strategy, with calls for concrete action to potentially render the investment plans untenable.
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