European football’s governing body, UEFA, has unanimously voted to boycott FIFA competitions, including the men’s and women’s World Cups, if FIFA approves President Gianni Infantino‘s proposal to sell a stake in the commercial rights of its flagship tournaments to private investors.
The threat marks a major escalation in the growing opposition to FIFA’s proposed FIFA Forward Enterprise (FFE), a new commercial subsidiary that would manage the governing body’s commercial assets, including broadcasting, sponsorship, licensing and ticketing rights.
Read Also: Infantino: FIFA Enterprise will transform football worldwide
UEFA rejects World Cup commercialisation
Earlier this week, Infantino announced plans to create FIFA Forward Enterprise, a company valued at $20 billion, through which FIFA would sell minority, non-controlling stakes to outside investors.
