The Confederation of North, Central America and Caribbean Association Football (Concacaf) has officially turned down FIFA's initiative to sell tournament shares to private investors, after UEFA suggested a boycott of the World Cup should this plan move forward.
Key Highlights
Earlier this week, FIFA President Gianni Infantino proposed establishing a company called FIFA Forward Enterprise (FFE) and selling a minority stake to private investors to manage the commercial rights of FIFA tournaments. FIFA expects to raise around £3.1 billion and has promised financial support to member associations if the plan is approved.
This proposal immediately faced strong opposition from UEFA . The European football governing body argued that the World Cup and other FIFA tournaments are not assets to be bought and sold, accusing FIFA of commercializing football for the benefit of a small group.
During the meeting on July 30, all 55 UEFA member associations unanimously agreed to boycott FIFA tournaments, including the World Cup , should the plan be adopted. UEFA asserted that the World Cup belongs to football and will never accept opening tournament ownership to private investors. Subsequently, the English Football Association (FA) also voiced its opposition to FIFA's proposal.
Late on July 30, all 41 Concacaf member associations, including the United States, jointly rejected Infantino's proposal and demanded that the FIFA Council compel the FIFA President to fully comply with the organization's governance procedures.
In a joint statement from the 41 member associations, Concacaf wrote: "Concacaf is a confederation united by a love for football, where football is always put first. Over the past ten years, we have built an organization based on service, transparent governance, and long-term responsibility for the development of football.
History has shown what happens when those entrusted with safeguarding football lose those values. In that spirit, today Concacaf held a meeting among the Presidents of the 41 member associations, the Concacaf President, members of the Concacaf Council, and representatives on the FIFA Council to discuss the proposal put forward by the FIFA President to establish 'FIFA Forward Enterprise' and sell World Cup rights to private investors. "
After Concacaf's statement, the U.S. Soccer Federation also posted a message on social media platform X, affirming its support for the region's stance with the content: "U.S. Soccer stands with Concacaf and its member associations ."
According to Concacaf, members expressed deep concerns about:
Concacaf noted that the discussion highlighted the need to enhance transparency and adhere to proper governance procedures.
Therefore, Concacaf, together with its 41 member associations, has agreed :
The statement concluded: "Through these decisions, Concacaf once again affirms that the future of football, as well as the most valuable asset of this sport—must remain in the hands of the football family. "