
Advisor to the head of FIFA resigned in protest against plans to sell the world Cup
According to the FIFA Forward Enterprise project, from 2027, each of the 211 national associations will be able to receive up to $40 million per four-year cycle
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Summary
FIFA has announced its intention to raise $4.2 billion by selling to private investors about 20% of the shares of the new structure, which is planned to transfer the media and commercial rights of the organization, including for the world championships. Carlos Cordeiro said he was strongly opposed to FIFA's plans to sell a stake in the World Cup and decisions of this magnitude "should be made in the interests of football, not those who benefit from it.". On Thursday, the Union of European Football Associations (UEFA) announced a boycott by all members of the FIFA tournament union.
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FIFA has announced its intention to raise $4.2 billion by selling to private investors about 20% of the shares of the new structure, which is planned to transfer the media and commercial rights of the organization, including for the world championships.
according to RIA NovostiCarlos Cordeiro said he was strongly opposed to FIFA's plans to sell a stake in the World Cup and decisions of this magnitude "should be made in the interests of football, not those who benefit from it."
according to RBCOn Thursday, the Union of European Football Associations (UEFA) announced a boycott by all members of the FIFA tournament union.
according to RIA Novosti
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