FIFA president Gianni Infantino has scrapped a controversial proposal to sell stakes in the governing body's major competitions, including the World Cups, citing divisions it had created. The plan had offered all 211 member associations $40m each to back private investment in tournaments, but faced widespread opposition from UEFA, Concacaf, and the AFC.
31 July 2026 · Joy Online →
The Confederation of African Football will review FIFA's proposal to establish a commercial subsidiary to manage the World Cup and other flagship tournaments, through which FIFA aims to raise $4.2 billion by selling minority stakes valued at $20 billion. If approved, each of FIFA's 211 member associations would receive a one-off payment of $20 million in early 2027 and increased annual development funding from $8 million to $20 million per association, though the plan has faced opposition from UEFA and European officials over commercialisation concerns.
31 July 2026 · Daily Guide →
FIFA president Gianni Infantino's senior adviser Carlos Cordeiro resigned after the Asian Football Confederation joined European and North/Central American bodies in opposing a plan to sell stakes in competitions to private investors. Cordeiro called the proposal "a bad deal for football" that would "mortgage football's future," and the AFC warned the plan lacks the broad consensus needed and risks undermining the unity of the FIFA World Cup.
31 July 2026 · Joy Online →
The Asian Football Confederation said it stands in solidarity with Uefa and Concacaf against Fifa's proposal to sell stakes in its competitions to private investors, arguing the plan cannot achieve the necessary consensus and risks undermining the unity of the World Cup.
31 July 2026 · Joy Online →
Football's world governing body announced plans to create a commercial subsidiary to run major events like the World Cup and Club World Cup, allowing private minority investors to acquire stakes. The proposal aims to raise up to $4.2 billion and would provide each of FIFA's 211 member associations with a $20 million one-off payment in early 2027 and increased annual funding, though UEFA, European federations, EU officials, CONCACAF, and AFC have raised concerns over commercialisation, conflicts of interest, and consultation processes.
31 July 2026 · The Ghanaian Times →