Type: announcement

FIFA Abandons Plan to Sell Stake in Business Amidst Member Opposition

07/31/2026, 05:35 PM announcement
FIFA has abandoned its plan to sell a 20% stake in a new unit managing its events, a move that aimed to raise $4.2 billion, following significant opposition from member associations, particularly UEFA. This decision highlights the challenges FIFA faces in balancing financial ambitions with the interests of its stakeholders.