UEFA's member associations have unanimously agreed to boycott the World Cup and other FIFA competitions. The unanimous vote by member countries is a direct protest against FIFA's controversial proposal to sell stakes in a tournament-operating subsidiary to outside private investors.
The planned subsidiary would be responsible for running the global governing body's tournaments. By threatening a complete boycott of the World Cup and additional competitions, European football authorities are strongly opposing the introduction of private equity and outside financial influence into the management of international football events.
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