Al Jazeera·4 min read·medium

FIFA proposes plan to sell stakes in the World Cup, angering UEFA

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Al Jazeera Staff
FIFA proposes plan to sell stakes in the World Cup, angering UEFA
AI Summary

FIFA has proposed selling a 20 percent stake in the World Cup and other events to private investors to raise $4.2 billion. The plan has faced strong opposition from UEFA, which argues that such commercialization crosses a fundamental institutional line.

Football’s world governing body announces plans to sell stakes of up to 20 percent in the World Cup and other events.

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