AFC urges FIFA to consult on new commercial entity
The Asian Football Confederation (AFC) expressed its displeasure with FIFA's plan to create an independent commercial entity that will manage its business activities and organize tournaments, without consulting with it or other continental federations. The AFC criticized the lack of transparency and emphasized the need for broad participation before making such decisions that impact the future of international football. This stance comes amid similar protests from the European Union, which called for an emergency meeting regarding FIFA's plan to establish a company valued at around $20 billion, with an offering of shares to external investors—a move that sparked wide controversy in the world of football.
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