Forward enterprise
Image Source: IANS
'World Cup Is Not For Sale': UEFA To Mega Event Till FIFA Scraps Private Ownership Plan
The FIFA World Cup: The Union of European Football Associations (UEFA) has announced that its 55 members will not participate in FIFA competitions till the proposal to allow private investors to acquire ownership interests in the World Cup and other competitions remains in place.
The decision came after an emergency meeting of UEFA and its member associations on Thursday, escalating the biggest governance crisis yet surrounding FIFA's plan to establish FIFA Forward Enterprise.
In a strongly worded statement, UEFA said its 55 associations were united in rejecting the proposal and insisted that the World Cup should not be treated as a commercial investment product.
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