Major Football Confederations Oppose FIFA's World Cup Equity Sale Proposal

Several major football confederations, including UEFA (Europe), CONCACAF (North, Central America, and Caribbean), and the AFC (Asia), have voiced strong opposition to FIFA's proposal to sell equity in the World Cup to outside investors. The Confederation of African Football (CAF) is also set to evaluate the proposal. This widespread criticism highlights significant global concern regarding FIFA's governance and the lack of due process in the proposal, which has been valued at $20 billion.