Nobody is selling football and investment plan continues - Fifa

Core Impact Points

• FIFA plans to create a commercial subsidiary to run its main events, including the World Cup, and invite external investors to buy stakes in it.
• UEFA and CONCACAF have rejected the proposal, with UEFA threatening to boycott World Cups if the plan proceeds.
• FIFA President Gianni Infantino has offered $40m to member associations that back the plan, with a deadline of September 19.
• The move could lead to changes in the FIFA World Cup and other competitions, potentially affecting the US market and consumers.
• FIFA claims that the plan will ensure all member associations have the opportunity to take meaningful ownership of the commercial opportunity of football in their respective countries.
• The proposal has been met with criticism from UEFA, which accuses FIFA of using football to enrich themselves and their friends.