Tag: UEFA
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UEFA statement on FIFA plan to sell stakes in subsidiary to run World Cup
July 30 : Following is UEFA’s statement on Thursday regarding FIFA’s plan to sell stakes to external investors in a subsidiary to run World Cup and other FIFA competitions.”UEFA and its 55 member associations stand as one. We unanimously and unequivocally reject FIFA’s proposal to transfer ownership interes
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UEFA votes to boycott World Cup over FIFA investor plan
UEFA members unanimously voted to boycott the World Cup and other FIFA competitions. The protest follows FIFA’s plan to sell stakes to investors in a subsidiary that will run the governing body’s tournaments.
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UEFA nations vote unanimously to boycott World Cup over FIFA stake sale plans
July 30 : UEFA’s member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest at FIFA’s plan to sell stakes to external investors in a subsidiary that will run the global governing body’s tournaments, European soccer’s governing body said following a virtual meeting on T
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UEFA set for emergency meeting on FIFA World Cup proposal
UEFA is reportedly soon to hold an emergency meeting to discuss FIFA’s plans to effectively sell off a stake in the World Cup. European football’s governing body has expressed stiff opposition to the plan.
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Explainer-How world soccer is governed: FIFA, UEFA and the balance of power
July 29 : FIFA’s plan to create a $20 billion subsidiary to run the World Cup and sell minority stakes to external investors has highlighted the balance of power within world soccer.While FIFA is the sport’s global governing body, much of football’s commercial strength lies elsewhere — particularly in Europ
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World Cup sell off: Has FIFA finally gone too far?
A new FIFA proposal to sell off a stake in the World Cup has been met with fury in the football world. Under Gianni Infantino’s presidency, FIFA has become increasingly profit-driven, but is this too much?
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UEFA to hold emergency meeting with members over FIFA private investment plan, BBC reports
July 29 : UEFA is looking to hold an emergency meeting with its 55 member associations this week to discuss FIFA’s proposed sale of equity to outside investors, the BBC and ESPN reported.On Tuesday, FIFA said it plans to create a $20 billion subsidiary to run the World Cup and its other events and will…
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FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA
July 28 : FIFA said on Tuesday it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20 per cent in it to external investors, a move that provoked a furious response from UEFA, who accused world soccer’s governing body of…
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FIFA plans to form new commercial subsidiary and sell stake
FIFA has announced plans to form a commercial subsidiary and to sell a non-controlling interest to private investors. It needs approval from member associations, but is claiming that it will benefit them financially.
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FIFA plans to raise $4.2 billion via stake sales in new subsidiary, angering UEFA
July 28 : FIFA said on Tuesday it plans to create a new commercial subsidiary valued at $20 billion, offering a stake of up to 20 per cent to external investors in a move that faced immediate sharp criticism from Europe’s UEFA.Under the plan, the world soccer governing body would establish FIFA Forward Enterp
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