FIFA has confirmed it will move forward with consultations involving its member associations on a controversial private investment initiative, despite strong criticism from UEFA and other stakeholders.
In a statement released on Friday, FIFA addressed disruptions caused by what it described as "incorrect media reports" and emphasized its commitment to an "open and democratic" consultation process. The organization aims to ensure all member associations can cast informed votes grounded in factual information.
UEFA Threatens Boycott Over Proposal
European football's governing body, UEFA, issued a firm warning on Thursday, declaring it would boycott the World Cup if FIFA proceeds with the private investor plan. UEFA's statement underscored its opposition to the privatization of football governance and competitions, stating:
- "No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive."
- "The World Cup cannot be treated as an investment product."
- "No part of it should ever be surrendered to private investors."
UEFA demanded that the proposal be completely abandoned and that FIFA provide binding assurances to prevent future attempts at private ownership in football governance.
The private investment plan has sparked a heated debate within the global football community, with FIFA affirming its intention to continue dialogue despite the backlash.
