⌂ Home News UEFA and FA Oppose FIFA Plan to Sell Stakes in Major Competitions

UEFA and FA Oppose FIFA Plan to Sell Stakes in Major Competitions

UEFA and FA Oppose FIFA Plan to Sell Stakes in Major Competitions
Neymar after Brazil's World Cup elimination
A A Text Size16px

The regional confederation expressed widespread disappointment across its member nations regarding the sudden public disclosure of the commercial plan.

CONCACAF said: "We share the disappointment of many within our region and the game that this level of detail has been designed and shared publicly before any discussion with the relevant governance bodies and stakeholders has taken place."

The organization urged global football leadership to prioritize long-term stability over hasty financial restructuring.

CONCACAF said: "As leaders within football, we are the custodians of the game.

Collectively, FIFA, the confederations and every member association have a responsibility to always act in the best interests of the sport."

>>> Thomas Dekker and Partner Announce Loss of Unborn Child

FIFA defended the commercial initiative, stating the strategy aims to raise global development funding to $10 billion while providing up to $20 million in capital to each of its 211 member associations.

R
Editors Team
Author: Rika Dwi Firnanda
📰 Latest Updates