UEFA announces a boycott of FIFA competitions after member federations rejected Gianni Infantino’s proposal to sell stakes in the World Cup to private investors.The FIFA plan would create a $20B commercial subsidiary, sell 20 percent to private investors led by a New York firm linked to Joshua Kushner, and promise $20M to each of FIFA’s 211 members if the proposal passes within the voting window.UEFA officials and leaders such as
Bernd Neuendorf say the move risks turning football into an investment product and warn that coordinated European withdrawal could derail
Gianni Infantino’s project and affect upcoming tournaments including the
Women’s U-20 World Cup in
Poland.