Asian football body rejects FIFA’s private investment plan
Asian Football Confederation (AFC) has joined UEFA and Concacaf in opposing FIFA’s plan to sell stakes in its competitions to private investors. The AFC criticized the proposal, saying it lacked proper consultation with key stakeholders and could threaten the unity of global football. The move by the AFC significantly reduces the chances of the plan being approved. Despite mounting resistance, FIFA insists it will continue to pursue the proposal.
Match highlights
- AFC stated it “stands in solidarity” with UEFA and Concacaf in rejecting the investment plan.
- The AFC warned that the proposal could undermine the unity and universal character of the FIFA World Cup.
- The confederation criticized FIFA for failing to consult stakeholders before announcing the plan.
- UEFA and Concacaf have already publicly rejected the proposal, while CONMEBOL has not yet stated its position.
- FIFA maintains that creating a commercial subsidiary will not compromise the sport’s governance or values.
