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“Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football. And so long as Europe has a voice, it will never be for sale.” GENEVA — FIFA President Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors was hit hard Thursday by his former colleagues at UEFA, who agreed to boycott all the global soccer body’s competitions in protest. “UEFA and its national associations will not participate in FIFA competitions,” the European soccer body said after an urgent online meeting of its 55 member nations. The next scheduled FIFA tournament is within weeks in Europe — the Women’s Under-20 World Cup hosted by Poland from Sept. The strategy meeting was called to counter Infantino’s offer of $20 million to each of FIFA’s 211 global members that has to be accepted by mid-September. Infantino’s secret project was revealed Tuesday to spin off its commercial operations in a new $20 billion subsidiary called FIFA Forward Enterprise (FFE) 20% owned by private investors.
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18 deadline for potential candidates to declare in a presidential vote of the 211 members scheduled next March in Rabat, Morocco.
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“Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football. It always will. And so long as Europe has a voice, it will never be for sale.” GENEVA — FIFA President Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors was hit hard Thursday by his former colleagues at UEFA, who agreed to boycott all the global soccer body’s competitions in protest. “UEFA and its national associations will not participate in FIFA competitions,” the European soccer body said after an urgent online meeting of its 55 member nations. The next scheduled FIFA tournament is within weeks in Europe — the Women’s Under-20 World Cup hosted by Poland from Sept.
“Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football. And so long as Europe has a voice, it will never be for sale.” GENEVA — FIFA President Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors was hit hard Thursday by his former colleagues at UEFA, who agreed to boycott all the global soccer body’s competitions in protest. “UEFA and its national associations will not participate in FIFA competitions,” the European soccer body said after an urgent online meeting of its 55 member nations. The next scheduled FIFA tournament is within weeks in Europe — the Women’s Under-20 World Cup hosted by Poland from Sept. The strategy meeting was called to counter Infantino’s offer of $20 million to each of FIFA’s 211 global members that has to be accepted by mid-September. Infantino’s secret project was revealed Tuesday to spin off its commercial operations in a new $20 billion subsidiary called FIFA Forward Enterprise (FFE) 20% owned by private investors.
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