1 Day
Source:
The Guardian
Concacaf criticizes Fifa's World Cup stake sale
Fifa plans to sell stakes in the World Cup to private investors have faced criticism from the Football Association and Uefa, who are concerned about governance and the lack of transparency. The proposals involve raising funds through a new entity, Fifa Forward Enterprise, valued at $20 billion, with member associations given until September to decide whether to participate. Several football authorities are considering opposition options, including boycott and potential breakaway, due to fears that the move compromises the sport's integrity and governance.
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