UEFA rejects FIFA's $20bn plan to commercialise World Cup tournaments
UEFA has strongly criticised FIFA's proposal to create a new commercial entity to manage major football tournaments and attract private investment. The European football body declared that governing institutions have crossed a dangerous and unacceptable line with the plan. UEFA also raised serious concerns about the transparency and governance surrounding the proposal. FIFA, led by president Gianni Infantino, has defended the initiative, arguing it would benefit and strengthen football globally.
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