Close Menu
KumbhCoinorg
    What's Hot

    ZIM vs AUS, ODI Series: Broadcast, Live Streaming – When and where to watch in India, Australia, US & other countries

    September 14, 2026

    NHL Rumors: Florida Panthers, and the Carolina Hurricanes

    September 14, 2026

    How to protect your laptop, phone and bike from thieves at uni

    September 14, 2026
    Facebook X (Twitter) Instagram
    Trending
    • ZIM vs AUS, ODI Series: Broadcast, Live Streaming – When and where to watch in India, Australia, US & other countries
    • NHL Rumors: Florida Panthers, and the Carolina Hurricanes
    • How to protect your laptop, phone and bike from thieves at uni
    • A Bitcoin Berkshire Model: Orange Juice
    • Sydney Sweeney: Amy Hunt among the athletes to respond to controversial advert
    • How to Big Small Game Login in India: Rules, Safety and Step-by-Step Guide
    • In 2009, Juan Martin del Potro beat Roger Federer to win the US Open for Argentina; 17 years later, he remains the last non-European Grand Slam winner | Tennis News
    • US Midterm Betting Odds Diverge Across Prediction Markets
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Monday, September 14
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Sports»‘Stands in solidarity’: AFC joins UEFA, CONCACAF in opposing FIFA’s World Cup investment plan | Football News
    Sports

    ‘Stands in solidarity’: AFC joins UEFA, CONCACAF in opposing FIFA’s World Cup investment plan | Football News

    kumbhorgBy kumbhorgJuly 31, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    ‘Stands in solidarity’: AFC joins UEFA, CONCACAF in opposing FIFA’s World Cup investment plan | Football News
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    ‘Stands in solidarity’: AFC joins UEFA, CONCACAF in opposing FIFA's World Cup investment plan

    The Asian Football Confederation (AFC) has joined UEFA and CONCACAF in opposing FIFA president Gianni Infantino’s proposal to allow private investors to acquire minority stakes in the commercial rights of the FIFA World Cup and other global tournaments, significantly escalating resistance to one of the governing body’s most ambitious commercial plans.In a strongly worded statement on Friday, the AFC said it “stands in solidarity” with UEFA and CONCACAF, arguing that the proposal lacked the broad consensus needed to move forward and exposing deeper concerns over FIFA’s governance and consultation process.The latest development leaves FIFA facing growing opposition from three of its biggest continental confederations, representing well over half of its 211 member associations.

    AFC calls for urgent governance review

    The controversy centres on FIFA’s proposal to create FIFA Forward Enterprise (FFE), a commercial subsidiary that would hold the governing body’s commercial rights, including the Men’s and Women’s World Cups, Club World Cups, sponsorship, broadcasting, licensing and ticketing.Under the plan, FIFA intends to sell a 20 percent minority stake in the new entity, valued at around USD 20 billion, to private investors. The reported anchor investor is a New York-based investment firm founded by Joshua Kushner.The AFC, however, questioned both the proposal and the manner in which it was introduced.“Football should never have been placed in such a position,” the continental body said.It added that the proposed FIFA Forward Enterprise “cannot realistically achieve the necessary broad consensus and unity required to move forward” and urged FIFA to reconsider the initiative.The AFC also criticised FIFA’s consultation process, saying the issue extended beyond the proposal itself.“Rather, it has exposed fundamental weaknesses in FIFA’s consultation and decision-making processes that must now be addressed.”Calling for institutional reforms, the AFC urged FIFA to undertake “an urgent review of its governance and decision-making framework.”

    FIFA defends proposal amid growing backlash

    The AFC’s statement comes a day after UEFA threatened to boycott FIFA competitions if the proposal remains unchanged, while CONCACAF formally rejected the plan during a meeting of its member associations.FIFA, however, defended the proposal on Friday, insisting that media reports had distorted its intentions.“Our planned consultation process was disrupted by incorrect media reports,” FIFA said in a statement.The governing body maintained that it would continue consulting all 211 member associations before a vote, with a September 19 deadline set for federations to respond.FIFA also rejected claims that it was commercialising football.“Nobody is selling football. This is not something FIFA would ever entertain.”According to FIFA, the proposed commercial entity would only manage revenue-generating rights, while the organisation would retain full control over governance, competitions, regulations and the international match calendar. It argues the investment would generate greater financial returns and substantially increase development funding for member associations.The proposal requires the support of 106 of FIFA’s 211 member associations to pass.

    AFC CONCACAF Cup FIFAs Football Investment Joins News Opposing Plan solidarity Stands UEFA World
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNEET SS counselling 2025: MCC allows Round 1 seat resignation without security deposit loss; read official notice
    Next Article Glasgow gets starring role in Spider-Man: Brand New Day film
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Cricket

    ZIM vs AUS, ODI Series: Broadcast, Live Streaming – When and where to watch in India, Australia, US & other countries

    By kumbhorgSeptember 14, 2026
    hockey

    NHL Rumors: Florida Panthers, and the Carolina Hurricanes

    By kumbhorgSeptember 14, 2026
    Sports

    In 2009, Juan Martin del Potro beat Roger Federer to win the US Open for Argentina; 17 years later, he remains the last non-European Grand Slam winner | Tennis News

    By kumbhorgSeptember 14, 2026
    Cricket

    India refuse to take Women’s Asia Cup trophy from Mohsin Naqvi after record eighth title

    By kumbhorgSeptember 14, 2026
    Football

    Kane scores winner as Bayern end fairytale start, PSG claim first win, Atletico bounce back and Juventus stunned

    By kumbhorgSeptember 14, 2026
    hockey

    Will Connor Hellebuyck start the year with the Winnipeg Jets? Could he holdout?

    By kumbhorgSeptember 14, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    ZIM vs AUS, ODI Series: Broadcast, Live Streaming – When and where to watch in India, Australia, US & other countries

    By kumbhorgSeptember 14, 2026

    Zimbabwe and Australia are set to face each other in a three-match ODI series at…

    NHL Rumors: Florida Panthers, and the Carolina Hurricanes

    September 14, 2026

    How to protect your laptop, phone and bike from thieves at uni

    September 14, 2026

    A Bitcoin Berkshire Model: Orange Juice

    September 14, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025176 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202548 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202533 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    ZIM vs AUS, ODI Series: Broadcast, Live Streaming – When and where to watch in India, Australia, US & other countries

    September 14, 2026

    NHL Rumors: Florida Panthers, and the Carolina Hurricanes

    September 14, 2026

    How to protect your laptop, phone and bike from thieves at uni

    September 14, 2026
    Most Popular

    Reeves optimistic despite surprise rise in UK borrowing

    January 22, 20250 Views

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views

    bitcoin++ Hacking Edition 2025: Brazil

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.