The Confederation of African Football (CAF) has announced plans to review FIFA’s proposal to open the commercial operations of the FIFA World Cup and other major tournaments to private investment.
In a statement issued on Wednesday, CAF said its president, Patrice Motsepe, will meet with the Confederation’s Executive Committee next week to examine the proposal and determine Africa’s position.
The African football body said its member associations would also have the opportunity to participate in the consultation process in line with FIFA and CAF regulations.
“CAF also encourages its Member Associations to examine the FIFA Forward Enterprise proposal and participate in the consultation process in accordance with CAF and FIFA’s regulations and established procedures,” the statement partly reads.
“CAF is committed to continue consulting and working together with its Member Associations, FIFA, other Football Confederations and stakeholders in support of increasing financial and other resources for the development and growth of football in Africa and worldwide.”
