July 31 : South American soccer body CONMEBOL said on Friday it had requested further information from FIFA on its proposal to sell a stake in its tournament business, including the World Cup, and launched a consultation process with its member associations.CONMEBOL said it had requested further information a

FIFA announced Tuesday that it plans to create a semi-private subsidiary to oversee the commercial operations of the World Cup and its other competitions,...

FIFA has told member associations they will each receive $40 million if they back a plan to sell stakes in major competitions -- but they must sign up by September 19.

FIFA’s plan to bring on private investors raises concerns about influence and lacks transparency, experts say.