FIFA vows to proceed with private investor plan consultation despite criticism

AFP
By AFP July 31, 2026 07:52 (EAT)
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FIFA vows to proceed with private investor plan consultation despite criticism

Fifa President Gianni Infantino speaks on stage during a past event.

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FIFA vowed on Friday to press on with its "open and democratic" consultation with stakeholders on a proposed private investment plan despite fierce backlash from European football governing body UEFA and others.

"Our planned consultation process was disrupted by incorrect media reports," world football governing body FIFA said in a statement. "We will proceed with this consultation process to ensure that each (member association) has the ability to express its vote based on facts."

European football's governing body UEFA said Thursday it would boycott the World Cup should FIFA press ahead with its private investor plan.

"No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive, unless this proposal has been abandoned in its entirety and binding assurances have been given that FIFA will never again open its governance or competitions to private ownership," UEFA said in a statement.

"The World Cup cannot be treated as an investment product... No part of it should ever be surrendered to private investors. The World Cup is not for sale.

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