CONMEBOL seeks more information, launches consultations on FIFA World Cup stake sale proposal
The FIFA logo, the numbers “20%” and rising stock graph are seen in this illustration taken, July 28, 2026. REUTERS/Dado Ruvic/Illustration
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
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 and clarifications from FIFA on the proposal’s scope, structure, governance and potential effects, and would continue to analyse it before taking a position.
“We recognise that the development of football requires commercial and financial decisions. However, such decisions must always serve football and never take precedence over its very essence,” CONMEBOL said in a statement.
(Editing by Mark Porter)
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
