European nations will boycott the World Cup unless Fifa president Gianni Infantino abandons his controversial plan to sell off stakes to private investors.
Uefa’s member associations held a virtual crisis meeting on Thursday afternoon after the news emerged on Tuesday.
Their response was unequivocal, with Uefa saying in a statement: “No Uefa national teams will participate in any Fifa competition for so long as these proposals remain alive, unless this proposal has been abandoned in its entirety and binding assurances have been given that Fifa will never again open its governance or competitions to private ownership.”
Fifa published details of its plans for a new commercial entity, Fifa Forward Enterprise (FFE), following a report in The Times.
The governing body said FFE would remain owned and controlled by itself but that minority stakes would be sold to private investors.
The proposed lead investor is Thrive Eternal, a company founded by Joshua Kushner, the brother of United States President Donald Trump’s son-in-law, Jared Kushner.
“Uefa and its 55 member associations stand as one,” European football’s governing body said in a statement.
““We unanimously and unequivocally reject Fifa’s proposal to transfer ownership interests in the World Cup and other Fifa competitions to private investors.
““The World Cup cannot be treated as an investment product. It is one of football’s greatest sporting legacies. It has been built over generations by players, national teams and supporters across every continent. No part of it should ever be surrendered to private investors. The World Cup is not for sale.”
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