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Posts published in “Sport”

UEFA threatens FIFA boycott over World Cup investment plan

UEFA says European national teams will boycott FIFA competitions unless FIFA abandons a plan to sell a minority stake in the commercial side of the World Cup and other tournaments. FIFA says the proposed $20 billion company would help fund global soccer development while leaving governance in its hands.

FIFA plan to sell World Cup stakes draws backlash

FIFA wants to create a new company to manage World Cup commercial rights and sell minority stakes to private investors. UEFA and Concacaf criticized the proposal, citing transparency and governance concerns.