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'World Cup Belongs To Fans, Not Investors,' Says Real Madrid After FIFA Drops FFE Plan
FIFA Forward Enterprise: Real Madrid has welcomed FIFA's decision to withdraw its controversial FIFA Forward Enterprise (FFE) proposal, saying the move was "good news for football" and reiterating that the commercial rights of competitions such as the FIFA World Cup should never be treated as financial assets.
In a statement issued on Sunday, the Spanish giants praised FIFA for abandoning the proposal following widespread opposition from football stakeholders, adding that the decision was in the best interests of the sport and its supporters.
"Real Madrid C.F. warmly welcomes FIFA's decision to abandon the proposal for the partial sale of the commercial rights to its competitions. Our club believes this is good news for football, for its governing bodies and, above all, for the millions of fans of our beloved sport," the club said in an official statement.
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