Tag: football
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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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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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Asia confederation chief says FIFA’s lack of consultation over World Cup plan ‘totally unacceptable’
July 30 : Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has branded FIFA’s lack of consultation over its plan to sell stakes in the World Cup to private investors “totally unacceptable”, saying the move undermined the sport’s existing continental structure.The Bahraini’s unusuall
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South Korea coach Hong grilled by MPs over World Cup flop
Former South Korea football coach Hong Myung-bo also denied receiving a US$2.6 million salary but declined to disclose the actual amount.
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Singapore to take part in inaugural FIFA ASEAN Cup, will face Indonesia, Malaysia and India
Playing in the tournament gives the Lions another opportunity to test themselves, says head coach Gavin Lee.
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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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Regional confederations left blindsided by FIFA’s $20 billion investment plan
July 29 : FIFA’s proposal to sell stakes in a $20 billion commercial subsidiary has drawn strong criticism from soccer’s regional confederations, which said they were blindsided by the world governing body’s plan to bring private investors into the sport.The Confederations of North America, Central America an
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Asian football body ‘disappointed’ by FIFA investment plans
FIFA’s announcement also produced a furious backlash from European football’s governing body UEFA, which said the World Cup was not an “asset to trade”.
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Reaction to FIFA’s private investment plan
July 29 : FIFA said on Tuesday that 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.The following are quotes and reactions.UEFA STATEMENT“This crosses a line that football’s governing
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FIFA’s private equity push opens new front in decades-old power-struggle with Europe
MELBOURNE, July 29 : FIFA’s push to open the World Cup to private equity marks a dramatic attempt to reshape the commercial landscape of global soccer, while opening a new front in a long-running battle with Europe for power and control over the massive wealth generated by the sport.The global governing bo
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