FIFA's controversial plan to introduce private investment into its commercial operations has met significant resistance from major football bodies and a senior advisor's resignation.

Senior Advisor Resigns Over World Cup Stake Sale

Carlos Cordeiro, former head of the US Soccer Federation and senior advisor to FIFA President Gianni Infantino, publicly resigned, condemning the proposal to sell stakes in the World Cup. Cordeiro stated he had no involvement in the plan and described it as detrimental to FIFA member associations and the sport’s future.

Regional Football Bodies Unite in Opposition

The Asian Football Confederation (AFC), joining UEFA and CONCACAF, expressed deep concerns about the plan, highlighting the unprecedented prospect of a World Cup boycott. AFC, representing 47 nations including Australia, China, Japan, and Saudi Arabia, emphasized the gravity of the situation for global football.

UEFA declared its national teams would boycott FIFA competitions if the proposal proceeds, asserting the World Cup should never be treated as an investment product or sold to private investors.

FIFA Commits to Consultation Amid Criticism

Despite backlash, FIFA insists it will continue with an "open and democratic" consultation process, aiming to give all 211 member associations a chance to vote based on factual information. The organization denied claims that football is being sold, emphasizing the plan is designed to boost funding for member associations.

Financial Details of the Proposal

  • The plan could raise up to $4.2 billion through minority private investment in FIFA's commercial arm, FIFA Forward Enterprise.
  • Each member association might receive a one-time payment of $20 million in early 2027.
  • Funding for the 2027-2030 cycle could increase from $8 million to $20 million per association.

Reactions from Football and Beyond

UEFA President Aleksander Ceferin criticized the plan, warning against prioritizing financial returns over the interests of football stakeholders. The European Union praised UEFA for defending the sport's integrity. Even football figures like Chelsea coach Xabi Alonso voiced support for maintaining the World Cup's traditional values.

CONCACAF members, including recent World Cup co-hosts, unanimously rejected the proposal, underscoring widespread disapproval across football's major regions.