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Concacaf joins criticism of Fifa plan to sell off World Cup stakes to private investors

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Association was unaware of Infantino’s plans‘We are deeply concerned by the lack of due process’Concacaf has joined Uefa in criticising Fifa’s plan to sell off stakes in the World Cup to private investors. In a strongly worded statement the Confederation of North, Central America and Caribbean Association Football expressed deep concerns about Fifa’s governance and a lack of due process, revealing that they were unaware of the proposal to sell stakes in a new commercial entity that has been...

  • Association was unaware of Infantino’s plans

  • ‘We are deeply concerned by the lack of due process’

Concacaf has joined Uefa in criticising Fifa’s plan to sell off stakes in the World Cup to private investors.

In a strongly worded statement the Confederation of North, Central America and Caribbean Association Football expressed deep concerns about Fifa’s governance and a lack of due process, revealing that they were unaware of the proposal to sell stakes in a new commercial entity that has been valued at $20bn (£15bn) until reading about it in the media.

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Concacaf (LOCATION) Fifa (ORG) World Cup (EVENT) Infantino (ORG) Uefa (LOCATION) the World Cup (EVENT) the Confederation of North, Central America (ORG) Caribbean Association Football (ORG)
Originally published by The Guardian UK Read original →