FIFA to push ahead with private investment plan despite UEFA boycott threat

FIFA vowed on Friday to press ahead with an “open and democratic” consultation on a proposed private investment plan, despite widespread opposition to the proposal, Euronews writes.

“Nobody is selling football,” FIFA said in a statement hitting back at widespread criticism over a plan to allow private investors to acquire stakes in upcoming World Cup tournaments.

“This is not something FIFA would ever entertain.” In a statement, FIFA said all of its member associations should have a chance to consider the plan, calling for an “open and democratic” consultation.

The Union of European Football Associations (UEFA) threatened to boycott the World Cup over Infantino’s plan on Thursday afternoon. Soon after, the football federations of CONCACAF (North and Central America), also voiced their unanimous opposition to the plan.