Asian soccer body joins opposition to FIFA and Infantino's World Cup private equity plan
The confederation joined UEFA and CONCACAF in rejecting a $15 billion to $21.3 billion plan that would give investors a minority stake in FIFA competitions.
- On Friday, The Asian Football Confederation joined UEFA and Concacaf in opposing FIFA's World Cup private equity plan, citing "serious concerns" and demanding an urgent governance review of FIFA president Gianni Infantino's proposal.
- European football's governing body, UEFA, confirmed an extraordinary boycott of FIFA competitions on Thursday, with its 55 members "standing as one," while Concacaf rejected the proposal, expressing "deep concerns about the lack of due process."
- The opposition coalition now commands 150 votes from the 211 total member associations, well above the 106 needed to block FIFA's plan, uniting UEFA, Concacaf, and the AFC against Infantino's strategy.
- FIFA president Gianni Infantino confirmed on Friday that FIFA will continue its consultation period despite boycott threats, planning to proceed toward a final vote scheduled for September 19.
- Uncertainty remains regarding Conmebol's 10 members, which has not publicly commented, and the 11-member Oceania Football Confederation , which will discuss the plan in August, potentially determining if opposition expands globally.
223 Articles
223 Articles
FIFA's plans to open the World Cup to investors are likely to have failed, and the continental association AFC, which is responsible for Asia, has now joined the opposition.
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The AFC joined UEFA and the Concacaf with a hard statement against FIFA.The entity said it had not been consulted on this proposal and expressed "disappointment."The UEFA warned that no affiliate selection will contest FIFA competitions as long as the initiative remains in place.
Asia’s soccer body joins opposition to Infantino’s plan for private investors
Asia’s soccer body joined opposition to Gianni Infantino’s plan for private investors to buy stakes in the World Cup and said Friday FIFA must urgently review its management style.
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