Tag: stake sale,
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UEFA welcomes FIFA’s decision to scrap stake sale
Aug 1 : Europe’s governing soccer body on Saturday welcomed FIFA’s decision to abandon plans to sell a stake in the World Cup and said it would work with partners and stakeholders to make sure such moves cannot be fast tracked without consultation in the future.”UEFA welcomes FIFA’s decision to withdraw its
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CONMEBOL seeks more information, launches consultations on FIFA World Cup stake sale proposal
July 31 : South American soccer body CONMEBOL said on Friday it had requested further information from FIFA on its proposal to sell a stake in its tournament business, including the World Cup, and launched a consultation process with its member associations.CONMEBOL said it had requested further information a
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FIFA to proceed with consultation process over stake sale plans
July 31 : FIFA said on Friday it would move forward with its consultation process to bring private investment into the World Cup and its other tournaments in defiance of a fierce UEFA-led backlash against the proposal.The world soccer governing body on Tuesday announced it planned to create a $20 billion sub
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CONCACAF rejects FIFA World Cup Stake sale proposal, Mexico says it will review plan
July 30 : CONCACAF rejected FIFA’s World Cup stake sale proposal during a meeting on Thursday but stopped short of following UEFA’s plan to boycott the global showcase, while the Mexican Football Federation (FMF) said it would study the proposal before deciding its position.The regional bloc for North America
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CONCACAF rejects FIFA World Cup Stake sale proposal
July 30 : CONCACAF and its 41 member associations rejected FIFA’s World Cup stake sale proposal during a meeting on Thursday but stopped short of following UEFA’s plan to boycott the global showcase. The regional bloc for North America, Central America and the Caribbean said its membership expressed “deep c
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Reaction to UEFA vote to boycott World Cup over FIFA stake sale plans
July 30 : UEFA and its 55 member nations voted on Thursday to boycott all FIFA tournaments in protest at the global governing body’s plan to sell a stake in the World Cup to external investors.The following are quotes and reactions:ENGLISH FA STATEMENT“We stand shoulder to shoulder with our Eu
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FIFA mulls stake sale through new $20 billion entity, UEFA not happy
July 28 : FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer’s governing body said on Tuesday, as it seeks backing from its 211 member associations for the proposal in a move already criticised by UEFA.The ambitious plan would see FIFA establish FIFA Forward Enterprise (FFE),
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FIFA mulls stake sale through new $20 billion entity, source says
July 28 : FIFA is planning to sell a significant minority stake in a new commercial entity with a valuation of about $20 billion, a source familiar with the matter told Reuters on Tuesday.World soccer’s governing body is working with bankers at JPMorgan to raise billions of dollars by bringing in external inv
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