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UEFA fury as FIFA boss wants to sell shares in World Cup spin-off venture

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UEFA fury as FIFA boss wants to sell shares in World Cup spin-off venture
Image · Sky News World

What the report says

Sky News World reported that FIFA president Gianni Infantino is pursuing plans to sell shares in a newly created venture linked to the World Cup, a proposal that has already caused significant tension within international football. The report says the idea has drawn anger from UEFA, European football’s governing body, although the supplied text does not include details of UEFA’s specific objections or any formal statements from the organizations involved.

Based on the limited published excerpt available, the central issue is the potential commercialization and ownership structure of a World Cup-related spin-off. The World Cup is FIFA’s flagship competition and a major source of global football revenue, so any plan to sell equity in a related business could raise questions about control, governance, distribution of income and the influence of private investors over tournament-linked assets.

The supplied material does not identify prospective investors, the percentage of shares that could be sold, the valuation of the venture, the timeline for a decision or whether FIFA’s member associations have approved the plan. It also does not state whether the proposed spin-off would cover media rights, sponsorship, ticketing, hospitality or another commercial area.

The development matters because it points to another possible fault line between FIFA and UEFA, two powerful bodies that have previously differed over the calendar, competition formats and the balance of power in the global game. Further confirmation from FIFA, UEFA or member associations would be needed to assess how advanced the proposal is and what practical effect it could have.

Read the full report at Sky News World →

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