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Sports Journalist: UEFA Boycott Targets FIFA Investment
The decision taken by the Union of European Football Associations (UEFA) to boycott the World Cup and FIFA tournaments was made in protest against the plan to sell stakes to external investment companies for managing some of FIFA's events, including the World Cup, valued at $20 billion. UEFA clarified that it rejects treating the World Cup as an investment opportunity and affirms that this tournament is one of the greatest sporting legacies built over generations, and it should not be compromised for private investments. UEFA has decided not to allow its national teams to participate in FIFA competitions until the proposal is withdrawn and assurances are provided that the management of these events will not be turned into private ownership again.
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