European nations plan to boycott World Cups over FIFA investments

European nations have agreed to boycott FIFA-organized World Cups over plans to sell stakes in the tournaments to private investors. Following a virtual meeting of UEFA's 55 member associations, UEFA confirmed that no teams will participate in FIFA competitions as long as these proposals remain active. FIFA intends to sell up to 21 percent of a new entity, FIFA Forward Enterprises, to raise funds, a move strongly opposed by UEFA and criticized for threatening the integrity of the sport.

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