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The International Football Federation (FIFA) reaffirmed through its statement today its commitment to conducting "open and democratic" consultations with all member associations regarding its proposal to establish an independent commercial entity responsible for managing business activities and organizing major tournaments. All associations will have the opportunity to review the proposal and express their opinions before any decision is made. The organization emphasized that approval of the proposal will only occur after a majority of the 211 member associations and the FIFA Council endorse the regulatory changes. Additionally, FIFA announced an exceptional financial support of $20 million starting in 2027, along with an increase in funding allocations for the 2027-2030 period from $8 million to $20 million. This move comes amid rising objections, particularly from the European Football Union (UEFA) and CONCACAF, who have expressed their readiness to boycott the World Cup—reflecting ongoing disputes over the future management of commercial rights for major football tournaments.
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