- CONCACAF , the football governing body for North, Central America , and the Caribbean , along with its 41 member associations, has rejected FIFA 's proposal to sell a stake in the World Cup.
- The decision, made during a meeting, cited deep concerns over a lack of due process, an unreasonably short deadline, and the absence of review from relevant FIFA governance bodies.
- This follows a unanimous rejection by UEFA , the European football governing body, which threatened a boycott of all FIFA tournaments if the proposal to transfer ownership interests to private investors proceeds.
- FIFA's proposal involves creating a $20 billion subsidiary to run the World Cup and other events, offering minority stakes to private investors and significant financial incentives to member associations.
- The Asian Football Confederation and various players' bodies have also voiced strong opposition, criticising FIFA's unilateral actions and the potential negative impact on the sport.
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