Vanguard· 1h ago· 1 min read
European football's governing body UEFA said Thursday it would boycott the World Cup should FIFA press ahead with its private investor plan.
Read Also: Ancelotti ends Brazil careers of Casemiro, Danilo after Neymar retirement
“No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive, unless this proposal has been abandoned in its entirety and binding assurances have been given that FIFA will never again open its governance or competitions to private ownership,” UEFA said in a statement.
“The World Cup cannot be treated as an investment product… No part of it should ever be surrendered to private investors. The World Cup is not for sale.”
FIFA, football's world governing body, on Tuesday announced plans to create a commercial subsidiary to run its biggest events, such as the World Cup and Club World Cup.
Under the proposal, private…
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