FIFA reacts strongly to UEFA after they threaten to skip the World Cup
FIFA has responded to UEFA after they said they would boycott if FIFA’s plan to bring in outside investors went ahead.
On Tuesday, FIFA president Gianni Infantino shared his idea to sell parts of big events, like the World Cup, to private investors. He hopes to raise over $20 billion this way, with US investment firm Thrive Capital, led by Joshua Kushner (brother of Jared Kushner), expected to be a key player.
Unsurprisingly, many people didn’t like the news, even though Infantino promised $40 million to national associations that support the plan by September 19.
UEFA’s 55 member associations met urgently on Thursday and said they would boycott the World Cup if the plan goes ahead. The 41 member associations of CONCACAF also rejected it but haven’t announced a boycott.
UEFA’s decision affects both the men’s and women’s World Cups, which could cause problems soon since the Women’s World Cup playoffs start in October. England is one of the teams involved.
UEFA vice-president Laura McAllister told the BBC they had “no choice but to issue a strong warning against this terrible plan.” She remains hopeful it won’t happen and accused FIFA of using money to pressure groups. UEFA said, “The World Cup is not something to be sold—it’s a priceless part of football’s history, built by players and fans all around the world.”
In a long statement early Friday, FIFA said, “No one is selling football.” They explained the plan more and said they will keep talking with everyone before moving forward.
They said, “We respect the concerns shared and want an open consultation. Some wrong media reports disrupted things early on, but we will continue so every member can vote fairly based on real facts.”
FIFA added that every member association will have a chance to share ownership in the business side of football in their countries, and said no one group can speak for all 211 members.
The process is open for discussion, and members can approve, reject, or change the plan.
FIFA said the plan is about bringing new funding, giving global ownership, and making sure every member has a say in a democratic way.