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Conmebol rejects FIFA’s World Cup proposal

Conmebol rejects FIFA’s World Cup proposal

The North Central American and Caribbean Confederation (CONCACAF) and its 41 member countries expressed their outright rejection of the proposal by FIFA to sell shares in the World Cup. Their concerns stem from a lack of transparency and poor organizational procedures. Despite the European Union threatening to boycott the tournament, they continue to oppose the project. The Asian Football Confederation also supported the opposition, noting that the proposal fails to achieve the necessary consensus and further deepens divisions within the world of football. It has been announced that this proposal is an attempt by FIFA to enhance the protection of the World Cup by establishing a publicly accessible trading company for investors. However, all major parties have rejected it, emphasizing that transparency and sound governance are crucial for the successful organization of the tournament.

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