UEFA is set to hold an emergency meeting to discuss FIFA's plans to sell off a stake in the World Cup, according to Deutsche Welle. This move comes as European football's governing body has expressed strong opposition to the plan. The meeting's timing and details are not specified, but it indicates a significant development in the ongoing discussion about FIFA's proposal.
The Asian Football Confederation (AFC) has also spoken out against FIFA's plan, with the AFC stating that FIFA is 'undermining the very foundations of football', as reported by The Guardian. Additionally, BBC News reports that FIFA could receive its first external investment as early as October, which may be related to the proposed World Cup stake sale. However, specific details about the investment and its connection to the UEFA meeting are not available.
The proposed sale of a World Cup stake by FIFA has significant implications for the governance and financing of international football, and UEFA's strong opposition suggests a deep-seated concern about the potential impact on the sport.