1 Day
Source:
The Guardian
Fifa faces criticism over $20bn World Cup rights plan
Fifa plans to sell a stake in the commercial rights of its tournaments, including the World Cup, to private investors through a new entity called Fifa Forward Enterprise. The initiative aims to raise around $20 billion, with the proceeds redistributed to member associations, but it has faced immediate criticism from Uefa and European clubs, who accuse Fifa of undermining the integrity of football. The move has increased tensions between Fifa and Uefa, raising concerns about external influence and the future hosting of major tournaments in lucrative markets.
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