FIFA

Is U.S. Soccer backing FIFA president Gianni Infantino’s plan to sell World Cup stakes?

Here’s what US Soccer thinks of Infantino’s plans to sell off the World Cup.

Here’s what US Soccer thinks of Infantino’s plans to sell off the World Cup.
ANDREW HARNIK
Joe Brennan
Football Journalist
Born in Leeds, Joe finished his Spanish degree in 2018 before becoming an English teacher to football (soccer) players and managers, as well as collaborating with various football media outlets in English and Spanish. He joined AS in 2022 and covers both the men’s and women’s game across Europe and beyond.
Update:

The idea that Gianni Infantino would want to sell off the World Cup to private investors in an effort to raise tens of billions of dollars would come as a surprise to nobody on planet Earth fortunate enough to be blessed with the gift of at least one of the five human senses.

FIFA President Gianni Infantino’s plans to raise such money - with no clear beneficiary made public - has more than raised eyebrows across the world. Media and fan reactions have been unanimous in their disagreement, and it appears as though the world of football itself is also on the same page. UEFA federations all agreed to boycott the upcoming 2030 World Cup should Infantino’s plans go ahead, while CONCACAF quickly followed suit with its own statement:

Statement on behalf of Concacaf and its 41 Member Associations

Concacaf is a confederation united by the love of our game, where football comes first. Guided by this philosophy over the past ten years we have built, from the ground up, an organization founded on service, transparent governance, and the long-term stewardship of football.

History has shown FIFA and the football family what happens when the custodians of the game lose sight of these values.

With this in mind, Concacaf today convened a meeting of the presidents of its 41 Member Associations, together with its President, Council members, and its FIFA Council members, to discuss a proposal developed and presented by the FIFA President to establish ‘FIFA Forward Enterprise’ and sell interests in the FIFA World Cup to private investors.

During the meeting, the membership expressed deep concerns about the lack of due process surrounding the proposal, the artificially short deadline imposed, and the absence of any review or approval by the relevant FIFA governance bodies. In addition, the need for private equity investment to fund new and existing FIFA Forward programs following the most profitable FIFA World Cup in history was questioned.

The discussion reinforced the need for greater transparency and proper governance.

For these reasons, Concacaf and its 41 Member Associations have:

  • Rejected the proposal;
  • Tasked their FIFA Council Members with engaging FIFA to determine how existing vast FIFA reserves could be used to increase FIFA Forward funding for football development across our region; and
  • Tasked their FIFA Council Members with instructing the FIFA President to ensure that any matter follows the proper governance processes via staff and FIFA Council, in accordance with the FIFA Statutes.

Through these actions, Concacaf reaffirms that football’s future—and its greatest asset—must remain in the hands of our football family.

For its part, US Soccer released an independent clarification regarding its position on the issue, standing alongside CONCACAF and against FIFA’s controversial dream:

U.S. Soccer stands with Concacaf and its members.

The story rumbles on...

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