FIFA is pressing ahead with its controversial plan to bring in outside FIFA investors despite a unanimous vote by UEFA’s 55 member nations to boycott all FIFA competitions, including the World Cup, if the proposal moves forward. The standoff has triggered the most serious governance clash in modern football history, less than two weeks after Spain lifted the World Cup trophy. Background FIFA President Gianni Infantino announced the outline of what is FIFA’s investment plan on Tuesday, revealing intentions to create a new commercial subsidiary called FIFA Forward Enterprise, or…
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What Is FIFA’s Investment Plan? Governing Body Stays Defiant as UEFA Threatens World Cup Boycott
FIFA is pressing ahead with its controversial plan to bring in outside FIFA investors despite a unanimous vote by UEFA’s 55 member nations to boycott all FIFA competitions, including the World Cup, if the proposal moves forward. The standoff has triggered the most serious governance clash in modern football history, less than two weeks after Spain lifted the World Cup trophy. Background FIFA President Gianni Infantino announced the outline of what is FIFA’s investment plan on Tuesday, revealing intentions to create a new commercial subsidiary called FIFA Forward Enterprise, or…
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