UEFA members agree FIFA boycott if World Cup plans pursued
Summary
UEFA, the group in charge of European football, has decided not to take part in any FIFA tournaments if FIFA sells part of the World Cup to private investors. This boycott is to protest FIFA President Gianni Infantino’s plan to share ownership of the World Cup with private companies.Key Facts
- UEFA members voted unanimously to boycott all FIFA competitions if the World Cup sale goes ahead.
- The plan involves selling 20% ownership of the World Cup to private investors.
- FIFA President Gianni Infantino proposed a $20 billion deal, including a $20 million payment offer to each of FIFA’s 211 members.
- The main private investor would be a New York venture capital firm linked to Joshua Kushner.
- UEFA says the World Cup is a valuable sporting tradition and should not be sold like a business product.
- UEFA’s statement demands FIFA abandon the proposal completely to avoid the boycott.
- The next FIFA event is the Women’s Under-20 World Cup in Poland starting September 5.
- UEFA represents 55 national football associations in Europe.
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