All 41 Concacaf countries reject FIFA’s proposal to sell World Cup stakes
The Confederation of North, Central America and Caribbean Association Football (Concacaf) has formally rejected FIFA’s proposal to sell stakes in the FIFA World Cup to private investors, becoming the latest football body to oppose the plan.
FIFA has maintained that the proposal is intended to establish a FIFA-owned commercial subsidiary capable of attracting long-term capital and commercial expertise while retaining FIFA’s ownership and control of the World Cup and its governance VanguardThe move comes shortly after UEFA, European football’s governing body, announced that its 55 member associations would boycott FIFA competitions, including the World Cup, if the governing body’s commercial plans proceed.
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