UEFA escalates opposition to FIFA's $20 billion commercial subsidiary plan
European football's governing body, UEFA, has called an emergency meeting of its 55 members and voted unanimously to boycott FIFA competitions in protest of FIFA's plan to create a new commercial subsidiary valued at $20 billion (approximately €17.5 billion) and sell a non-controlling minority stake to investors, as reported by Deutsche Welle.
"No UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive, unless this proposal has been abandoned in its entirety and binding assurances have been given that FIFA will never again open its governance or competitions to private ownership," UEFA said in a statement following the meeting. "The World Cup cannot be treated as an investment product... No part of it should ever be surrendered to private investors. The World Cup is not for sale."
Coverage comparison
Deutsche Welle reported that UEFA came out publicly in opposition to the plan within an hour of it first being reported by the Financial Times and Times on Monday. Shortly after those reports, FIFA issued a statement confirming the plan. In a later statement, FIFA gave its 211 member associations until September 19 to express their written support for the scheme. The proposal requires a simple majority and approval from the FIFA Council to pass.
UEFA doubled down on its criticism after learning of the deadline, stating: "Today we have learned of FIFA's deadline to associations to support their proposals or have the one-off payout offer withdrawn. This says everything you need to know about this plan." It added that talks with many stakeholders showed that "there is significant and growing opposition to FIFA's scheme. FIFA cannot use our sport to enrich themselves and their friends."
Key claims
- FIFA plans to create a new commercial subsidiary valued at $20 billion and sell a non-controlling minority stake to investors, according to Deutsche Welle.
- UEFA opposes the plan, as reported by Deutsche Welle.
- FIFA gave its 211 member associations until September 19 to express their written support for the scheme, as reported by Deutsche Welle.
- CONCACAF, AFC, and CAF have expressed concerns about the proposal, according to Deutsche Welle.
- FIFA President Gianni Infantino describes the project as a "golden opportunity" to develop the game globally, as reported by Deutsche Welle.
- UEFA called a meeting of its 55 members to discuss a response to FIFA's plans, as reported by Deutsche Welle.
- The proposal requires a simple majority and approval from the FIFA Council to pass, as reported by Deutsche Welle.
- UEFA members voted unanimously to boycott FIFA competitions in protest of the plan, according to Deutsche Welle.
- Germany's football association president Bernd Neuendorf criticizes FIFA's plan, as reported by Deutsche Welle.
- Bayern Munich's board member for sport Max Eberl expresses dissatisfaction with the plans, as reported by Deutsche Welle.
Perspectives
UEFA: European football's governing body has taken a firm stance, calling a meeting of its 55 members and voting unanimously to boycott FIFA competitions if the proposal remains in place. UEFA has stated that "the World Cup is not for sale" and that FIFA cannot use the sport to enrich themselves and their friends.
German football officials: Germany's football association (DFB) President Bernd Neuendorf has criticized FIFA's plan, stating that he learned about it from the newspaper and that Infantino's method was "extremely troubling." He described the plan as "extremely problematic and unacceptable" and warned that the sport risks losing fan support.
Bundesliga club executives: Several leading German club officials have voiced dissatisfaction. Bayern Munich's board member for sport Max Eberl told Sky: "I am ashamed that we even discuss such ideas in football. Football does not belong to us." Borussia Dortmund's CEO Carsten Cramer questioned the need for the initiative, while Stuttgart's CEO Alexander Wehrle supported the DFB and UEFA's stance, saying that driving commercialization in this direction "without even a semblance of a common, sensible goal would send a disastrous message."