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.
225 Articles
225 Articles
Kushner-Backed Private Equity Plot Puts FIFA Presidency in Peril
A few weeks ago, Gianni Infantino seemed a lock to be re-elected for a fourth and final term as the president of FIFA. But his leadership is now under serious threat amid the global uproar of his proposal to sell stakes in FIFA competitions to a private equity program headed by Joshua Kushner. UK…
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.
Fan group calls for FIFA reform amid widespread opposition to World Cup ...
Fifa won't fix itself - scrap it now and set up a World FA, led by Uefa and South America
Football’s world governing body Fifa is beyond reform; a better idea is to abolish it and replace it with a new organisation, argues ethics expert Thomas Beschorner. The games are over, but the aftertaste remains. As wonderful as the matches on the pitch were, Fifa, as organiser of this summer’s World Cup, has once again showed its ugly side. Multiple ethical violations during the tournament were proof enough, but they’re not even the tip of the…
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.
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