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RetourFIFA Advisor Resigns Over World Cup Stake Sale Plan Amid Widespread Opposition
FIFA Advisor Resigns Over World Cup Stake Sale Plan Amid Widespread Opposition
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ABC Businessil y a 5 heuresSport4 min de lectureAustralia

FIFA Advisor Resigns Over World Cup Stake Sale Plan Amid Widespread Opposition

L'essentiel

  • Carlos Cordeiro, a senior advisor to FIFA President Gianni Infantino, resigned in protest over plans to sell a stake in the World Cup.
  • European football, led by UEFA, threatened a boycott, while CONCACAF and AFC also rejected the controversial proposal, citing concerns about mortgaging football's future.

Résumé généré par IA

Pourquoi c'est important

FIFA proposed creating a $US 20-billion subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and other events, offering up to 20% stake to external investors like Thrive Eternal.

Taille de police

A senior advisor to FIFA President Gianni Infantino resigned in protest at plans to sell a stake in the World Cup on Friday, as European football threatened a boycott and regional confederations united in opposition to the controversial proposal.

Carlos Cordeiro resigned with immediate effect, calling the plan "a bad deal for football".

Mr Cordeiro, who was appointed in 2021 by Mr Infantino to help shape FIFA's future, said the soccer body was "mortgaging football's future without any compelling justification".

A former banker and ex-US Soccer Federation vice president, Mr Cordeiro added that he had no involvement in the proposal and opposed it "unequivocally".

UK Prime Minister Andy Burnham also called for Mr Infantino to resign over the plans, labelling them an "outrageous".

"The idea that it could even be brought forward, in my view, shows that the FIFA [president] is the wrong man to lead the organisation," Mr Burnham said.

Despite the mounting opposition, Switzerland-based FIFA said "incorrect media reports" this week had disrupted its planned consultation process but that it would press on with putting the proposal in front of its 211 national football associations.

"We will proceed with this consultation process to ensure that each MA (Member Association) has the ability to express its vote based on facts," it said in a statement issued in the middle of the European night.

FIFA has proposed creating a $US 20-billion subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and its other events, with a stake of up to 20 per cent to be offered to external investors.

Thrive Eternal, a fund run by Thrive Capital, founded by Joshua Kushner, was expected to lead the proposed investor group, FIFA said. Joshua is the brother of Jared Kushner, US President Donald Trump's son-in-law.

UEFA leads opposition to FIFA World Cup plan

The European football association, UEFA, has led the widespread opposition to the proposal, accusing FIFA of putting the sport's "soul" up for sale.

On Thursday, UEFA's 55 member nations voted unanimously to boycott all FIFA tournaments, less than two weeks after Spain were crowned World Cup champions.

"Nobody is selling football. This is not something FIFA would ever entertain," FIFA responded in Friday's statement.

"Everyone has the right to express their opposition and to seek further clarification but no single entity can claim to represent all 211 MAs around the world.

"Each MA should be allowed to review the proposal and have a say in shaping their own future. These are the democratic principles of FIFA."

CONCACAF, the regional federation for North America, Central America and the Caribbean, rejected the proposal during a meeting on Thursday but the 41-member body did not follow UEFA with a boycott threat.

The Asian Football Confederation, comprised of 47 members, issued a statement on Friday saying it "stands in solidarity" with UEFA and CONCACAF, but also stopped short of threatening a boycott.

The AFC, which has not historically been as frequent or vehement a critic of FIFA as its European counterpart UEFA, questioned the viability of the proposal following an overwhelmingly negative response.

It also raised doubts over FIFA's decision-making processes in a thinly-veiled attack on Mr Infantino.

FIFA says process is a democratic one

This week, Mr Infantino said in a letter to all member associations that they would receive $40 million each if they agreed to FIFA's proposal by September 19.

On Friday, FIFA said that it would not go ahead with the plan without the support of the majority of its member associations.

UEFA, CONCACAF and the AFC combined have 143 associations, well over half of FIFA's 211 members.

However, not all individual member nations would be certain to follow their federations' line.

Czech Football Association President David Trunda told Sky Sports that he could see the "positive impact of FIFA's intentions", while the Mexican Football Federation said it would study the proposal before deciding its position, despite CONCACAF's rejection.

Xabi Alonso, a World Cup winner with Spain in 2010, said on Friday that football had to prioritise the people who watch the game, not private interests.

"We have to defend the interests of all the people," the Chelsea coach told reporters in Sydney.

"I think that it's the common feeling of football people that we want something that we keep in the hands of everyone, that it's for all the people. So, hopefully it won't happen."

À surveiller

Perspective IA — des possibilités, pas des certitudes

  • FIFA will continue its consultation process with member associations.

    Très probable · En quelques semaines

  • FIFA will not implement the plan without majority member association support.

    Très probable · En quelques mois

Questions ouvertes

  • What will be the final decision of the 211 national associations?
  • How will FIFA respond to the widespread opposition?
  • Will the boycott threats from UEFA materialize?

Sujets liés

This article was originally published by ABC Business.

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