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European countries have decided to boycott the upcoming World Cup in response to FIFA’s plan to sell stakes in its tournaments to private investors. This decision was made during an online meeting involving 55 European associations. The Women’s World Cup will be held in Brazil next summer, while the Men’s World Cup is scheduled to take place in Spain, Portugal, and Morocco in 2030. FIFA plans to sell up to 21% of a new company that manages the commercial operations of the major tournaments, aiming to raise $4.2 billion while maintaining majority control. However, this proposal requires the approval of all 211 FIFA member associations. FIFA President Gianni Infantino defends the plan, stating it promotes growth and sustainable development of football, and that its financial successes are elevating the sport globally.
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