FIFA: FIFA president Gianni Infantino
World football governing body, FIFA, hit back at critics on Friday, vowing to press ahead with an “open and democratic” consultation with stakeholders on a proposed private investment plan.
European football’s governing body UEFA said it was ready to boycott the World Cup over the proposal to create a commercial subsidiary to run FIFA’s biggest events and allow private investors to acquire stakes in the company.
In a statement, FIFA said all of its member associations should have a chance to consider the plan.
“Nobody is selling football,” FIFA said in the statement.
