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UEFA boycotts FIFA competitions over private investor plan

UEFA has announced a boycott of all FIFA competitions, including the World Cup, in protest against FIFA President Gianni Infantino's proposal to sell stakes in the World Cup to private equity investors. The European football body stated that the World Cup belongs to football and should not be for sale. This decision comes after UEFA's 55 member federations held an urgent meeting to discuss Infantino's plan, which involves spinning off FIFA's commercial operations into a new subsidiary potentially 20% owned by private investors, with a US investment firm linked to Joshua Kushner reportedly being the core investor. AI

RANK_REASON A major organization (UEFA) is taking a significant action (boycott) against a governing body (FIFA) over a controversial business proposal. [lever_c_demoted from significant: ic=1 ai=0.0]

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UEFA boycotts FIFA competitions over private investor plan

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Associated Press ·

    UEFA to boycott World Cup in protest of Fifa’s private investors plan

    UEFA member federations agreed on Thursday to boycott all Fifa competitions in protest of Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors. “UEFA and its national associations will not participate in Fifa competitions,” the European football bod…