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07/31/26 05:00:00
Printable Page
07/31 04:58 CDT Asian soccer body joins opposition to FIFA and Infantino's
World Cup private equity plan
Asian soccer body joins opposition to FIFA and Infantino's World Cup private
equity plan
By GRAHAM DUNBAR
AP Sports Writer
GENEVA (AP) --- Asia's soccer body joined opposition to Gianni Infantino's plan
for private investors to buy stakes in the World Cup and said Friday FIFA must
urgently review its management style.
The Asian Football Confederation said it "stands in solidarity" with European
body UEFA and North America's CONCACAF which on Thursday respectively
threatened a boycott of FIFA competitions and rejected Infantino's offer of
one-off $20 million payments to each member federation.
"Football should never have been placed in such a position," said the Asian
soccer body, which counts 46 of FIFA's 211 member federations that Infantino
gave a Sept. 19 deadline to accept the $20 million offer.
Infantino has proposed spinning off FIFA's commercial businesses --- including
World Cups and Club World Cups for men and women --- into a $20 billion
subsidiary with 20% owned by private investors.
The "anchor investor," described by FIFA, is a New York-based investment firm
created by Joshua Kushner, the younger brother of U.S. President Donald Trump's
son-in-law Jared Kushner.
"(T)he proposed (FIFA Forward Enterprise) cannot realistically achieve the
necessary broad consensus and unity required to move forward" and must be
reconsidered, the AFC said.
The statement did not name Infantino yet criticized FIFA for problems beyond
the content of the private equity plan plus failing to consult about a
secretive proposal that was revealed Tuesday in media reports.
"Rather, it has exposed fundamental weaknesses in FIFA's consultation and
decision-making processes that must now be addressed," the AFC said.
"Accordingly, the AFC calls upon FIFA to undertake an urgent review of its
governance and decision-making framework."
The statement came hours after FIFA blamed the media and doubled down on
pursuing the project which now seems to have a majority of the 211 members in
opposition.
"Our planned consultation process was disrupted by incorrect media reports,"
FIFA said in a statement early Friday. "We will proceed with this consultation
process to ensure that each (member) has the ability to express its vote based
on facts."
The next FIFA event that would be targeted by the threatened European boycott
is within weeks --- the Women's Under-20 World Cup hosted by Poland from Sept.
5. The four British federations comprise FIFA's only bidder to host the 2035
Women's World Cup. That decision is due Nov. 23.
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AP soccer: https://apnews.com/hub/soccer and AP World Cup coverage
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