42 mins ago
FIFPRO Demands FIFA Reforms After Infantino’s Failed Sell-Off Plan
FIFPRO is a group that represents European soccer players.
It wants FIFA to change how important decisions are made.
After the World Cup final, FIFA suggested selling part of itself to raise $20 billion.
The plan involved selling a 20% stake in FIFA.
Many people strongly criticized the idea.
FIFA then withdrew the proposal.
FIFPRO said the plan showed problems with soccer’s current leadership system.
The union wants future funding plans to be created together through a trusted process.
FIFPRO called for reforms to FIFA’s decision-making structure after a proposed sell-off failed.
FIFA proposed selling a 20% stake to raise $20 billion following the World Cup final.
The proposal faced significant backlash, prompting FIFA to withdraw it.
FIFPRO said the plan would have made major competitions investable and tradeable assets for private capital.
The union said future efforts to increase solidarity funding should be developed through trusted governance.
- Who
- FIFPRO and FIFA, led by Gianni Infantino, are central to the dispute.
- What
- FIFPRO demanded reforms after FIFA withdrew a proposal to sell a 20% stake and raise $20 billion.
- Where
- When
- The proposal was made following the World Cup final.
- Why
- FIFPRO said the proposal exposed flaws in FIFA’s governance and could have turned major competitions into financial assets for private investors.
Key facts
- Organization making the demand
- FIFPRO, the union for European soccer players
- FIFA president
- Gianni Infantino
- Proposed fundraising target
- $20 billion
- Proposed stake sale
- 20% of FIFA
- Outcome
- FIFA withdrew the proposal after significant backlash
- FIFPRO’s requested change
- Reforms to FIFA’s decision-making and governance structure
Quotes
FIFPRO
Union representing professional soccer players in Europe
“FFE was an attempt to convert the game's core competitions into an investable, tradeable and undervalued financial asset for private capital. Any future proposal to grow solidarity funding should be built together, through trusted governance, not advanced unilaterally.”
timesnownews.com
Sources
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