Yahoo Sports· 1h ago· 1 min read
"Nobody is selling football," FIFA said in a statement hitting back at widespread criticism over a plan to allow private investors to acquire stakes in upcoming World Cup tournaments.
"This is not something FIFA would ever entertain." In a statement, FIFA said all of its member associations should have a chance to consider the plan, calling for an "open and democratic" consultation.
But it appeared to back off from establishing a public equity entity, the so-called FIFA Forward Enterprise (FFE), if all member countries do not agree. It was not immediately clear, however, how the process would proceed in substance.
The Union of European Football Associations (UEFA) had threatened to boycott the World Cup over Infantino's plan on Thursday afternoon. Soon after, the football federations of CONCACAF (North and Central America) and AFC (Asia), also voiced their unanimous opposition to the…
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