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FIFA Defends Plan to Offer Private Stake in Competitive Football

FIFA insists it is not selling football as it opens consultations for a new subsidiary that would allow minority investment, despite opposition from European and CONCACAF associations.

Source: bbc.co.uk1 min read
FIFA Defends Plan to Offer Private Stake in Competitive Football
Image via bbc.co.uk

In brief

FIFA has clarified that it is not selling the sport but is in the midst of a consultation process to create a commercial subsidiary, Fifa Forward Enterprise, that would accept minority, non‑controlling equity from external investors. The proposal, which would allow investors to buy stakes in FIFA’s marquee competitions, has sparked controversy, with 55 European member associations threatening a boycott of the World Cup if it goes ahead and 41 CONCACAF members growing increasingly skeptical. A high‑stakes vote among FIFA’s 211 members will decide the plan, requiring 106 favourable votes; the combined 96 associations from UEFA and CONCACAF appear set to oppose it. FIFA stresses that the initiative is meant to give each national association a meaningful share in the commercial potential of football without compromising the sport’s integrity or governance.

FIFA has reiterated that it is not selling football, though it is moving forward with a proposal that would allow private investors to acquire minority stakes in a new commercial subsidiary that would run its main competitions, including the World Cup.

The plan, called Fifa Forward Enterprise (FFE), aims to invite third parties to make non‑controlling investments in the new company, which would handle the commercial aspects of FIFA’s biggest events.

European football’s 55 member associations voted earlier this week that they would boycott the World Cups if the proposal were approved, and the 41 associations within CONCACAF have also "rejected" the idea.

FIFA said its consultation process had been disrupted by inaccurate media reports but would continue to allow each member association to vote on the proposal based on facts.

FIFA emphasised that no one is "selling football" and that the FFE initiative is intended to give national associations substantial ownership of the commercial opportunities in their countries while preserving FIFA’s spirit and governance.

Approval of the plan would require a vote by FIFA’s 211 members, with 106 favourable votes needed; UEFA and CONCACAF together constitute 96 associations who appear set to vote against it.

In a statement released on Friday morning, FIFA reiterated its commitment to an open and democratic consultation, noting that FFE would ensure all member associations have the chance to have a meaningful stake in the commercial success of football without compromising governance or the sport itself.

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