All posts tagged: FIFA World Cup stake sale

CONCACAF rejects FIFA World Cup stake sale plan as UEFA’s World Cup boycott threat looms

CONCACAF rejects FIFA World Cup stake sale plan as UEFA’s World Cup boycott threat looms

3 min readJul 31, 2026 09:29 AM IST CONCACAF, the governing body for football in North America, Central America, and the Caribbean, rejected FIFA’s proposal to sell a stake in the World Cup during a meeting on Thursday. While the American regional bloc did not go as far as UEFA in threatening a boycott, the Mexican Football Federation (FMF) said it would study the proposal before deciding its position. CONCACAF said its 41 member associations expressed “deep concerns” about the lack of due process surrounding the proposal, the short deadline, and the absence of any review or approval by relevant FIFA governance bodies. “The discussion reinforced the need for greater transparency and proper governance,” CONCACAF said in a statement. “For these reasons, CONCACAF and its 41 Member Associations have rejected the proposal.” The FMF later said FIFA had informed it of the proposal on July 28 and would provide member associations with additional information and documentation through a series of round tables before a decision is made. “The FMF will complete this process of study …

‘FIFA is guardian of World Cup, not its owner’: Blatter blasts football body

‘FIFA is guardian of World Cup, not its owner’: Blatter blasts football body

3 min readJul 30, 2026 07:12 PM IST Former FIFA President Sepp Blatter blasted the football body’s proposal to sell stakes in a $20 billion commercial subsidiary, saying the World Cup should not become an investment product for private equity with investors seeking returns. “The FIFA World Cup is not a commercial asset that belongs to a handful of executives. It is part of the ‌cultural heritage of world football. FIFA is the guardian of the World Cup, not its owner,” Blatter told Reuters. FIFA’s plan has also drawn strong criticism from football’s regional confederations, which said they were blindsided by the world governing body’s plan to bring private investors into the sport. The Confederations of North America, Central America and the Caribbean (CONCACAF) and Asia (AFC) delivered stinging rebukes on Wednesday, saying they learned of FIFA’s equity sale proposal through media reports rather than official channels. FIFA said on Tuesday that it plans to create a $20 billion subsidiary to run the World Cup and its other events, offering stakes of up to 20% …