FIFA's Proposal to Sell World Cup Shares Shocks Football Community
FIFA's proposal to sell shares in the World Cup has sparked significant criticism.
FIFA President Gianni Infantino suggested that a commercial company manage the tournaments. The company Fifa Forward Enterprise (FFE), with a capital of $20 billion, will work with private investors.
Former FIFA President Sepp Blatter expressed concern over Infantino's ties to Donald Trump, while European Commissioner for Sport Glenn Micallef urged, "Don't touch our game."
Football federations from Europe, America, and Asia have voiced their concerns. UEFA condemned the proposal, stating that football should not be a commodity.
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"This means crossing a line that should never be crossed," UEFA stated.
French Sports Minister Marina Ferrari supported an emergency meeting to discuss responses.
La Liga President Javier Tebas criticized Infantino for a lack of transparency, noting that FIFA promises over $10 billion, but it looks more like a campaign than a reform.
The Football Association of England stated it was not informed about the proposal and is concerned about the lack of proper governance.
The German Football Association also joined the criticism, stating that "a line has been crossed."
The French Football Federation criticized the lack of communication and called for consultations with European partners.
Concerns have spread to Asia and both Americas, where football organizations demand greater transparency.
FIFA has set a deadline of September 19 for associations to join the initiative, but criticism continues.
