Verified sources.
Clear updates.
Americas governing body ‘deeply concerned’ by lack of due process in FIFA private investment plan, AFC ‘disappointed’. FIFA’s bombshell proposal to sell stakes in a $20bn commercial subsidiary has drawn strong criticism from football’s regional confederations, which said they were blindsided by the world governing body’s plan to bring private investors into the game. The Confederations of North, Central America and the Caribbean (CONCACAF) and Asia (AFC) delivered stinging rebukes on Wednesday, saying they learned of FIFA’s equity sale proposal through media reports rather than official channels. FIFA said on Tuesday that it plans to create a $20bn subsidiary to run the World Cup and its other events, offering stakes of up to 20% in it to external investors.
Missing media or need the complete publisher report? Open Al Jazeera
Media link supplied by the Scoop Newsroom app.
The text below was supplied by the Scoop Newsroom app. Third-party reporting is attributed in the source panel.
No additional independently verified detail is available beyond the summary above. The original reporting remains linked in the source panel.
Breaking news moves fast. Follow @Will466513 on X for breaking news alerts. Follow on X →
Dated changes to this report are shown here as they are published.
Removed by Scoope Timeline eligibility policy
Americas governing body ‘deeply concerned’ by lack of due process in FIFA private investment plan, AFC ‘disappointed’. FIFA’s bombshell proposal to sell stakes in a $20bn commercial subsidiary has drawn strong criticism from football’s regional confederations, which said they were blindsided by the world governing body’s plan to bring private investors into the game. The Confederations of North, Central America and the Caribbean (CONCACAF) and Asia (AFC) delivered stinging rebukes on Wednesday, saying they learned of FIFA’s equity sale proposal through media reports rather than official channels. FIFA said on Tuesday that it plans to create a $20bn subsidiary to run the World Cup and its other events, offering stakes of up to 20% in it to external investors.
Removed by Scoope Timeline eligibility policy
