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UEFA Threatens Boycott Over FIFA Investor Plans
The European Football Union (UEFA) announced that it will withdraw from participating in the World Cup if the International Football Federation (FIFA) proceeds with its plan to incorporate private sector investors into the management of tournaments, including the World Cup. UEFA rejected turning the World Cup into an investment product, considering that such a move contradicts the nature of the event and harms the interests of national associations, clubs, players, and fans. FIFA clarified that its plan involves establishing a commercial company in which investors would have minority shares, but UEFA confirmed that this model is unacceptable and poses a threat to the future of global football.
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