footballSource: BBC SportPublished
Uefa Rejects Fifa's Plan to Sell World Cup Stakes
football · BBC SportEuropean football's governing body, Uefa, has unanimously rejected Fifa's plan to sell stakes in its competitions, including the World Cup, to private investors. Uefa claims the proposal is irresponsible and indefensible, and that it would lead to the capture of football's greatest competitions.
At a glance
- Uefa has vowed to boycott all Fifa competitions if the plan is approved.
- The proposal would allow private investors to buy stakes in Fifa's commercial subsidiary, Fifa Forward Enterprise.
- Uefa claims that the plan would undermine the integrity of football's governing body and lead to the exploitation of the sport.