AFC Joins UEFA and CONCACAF in Opposing FIFA Investment Plan

The Asian Football Confederation (AFC) has joined UEFA and the Confederation of North, Central America and Caribbean Association Football (CONCACAF) in opposing FIFA's controversial proposal to sell a minority stake in a new commercial entity that would manage the World Cup and other major tournaments. The growing resistance marks a significant setback for FIFA President Gianni Infantino's plan to attract private equity investment into the global game.

In a strongly worded statement, the AFC criticised the proposal, arguing that FIFA failed to adequately consult its member confederations before unveiling the initiative. The Asian governing body said decisions with such far-reaching implications should be based on transparency, accountability and broad consensus rather than being introduced without meaningful engagement.

The proposal would create a commercial company, reportedly valued at around $20 billion, with private investors acquiring a minority stake in FIFA's commercial rights. Supporters believe the move could unlock billions of dollars for football development, but critics fear it could compromise the independence of the sport and place commercial interests above the long-term welfare of the game.

By aligning with UEFA and CONCACAF, the AFC has strengthened calls for FIFA to reconsider the proposal and adopt a more inclusive decision-making process. While the confederation stopped short of endorsing a boycott of FIFA competitions, it warned that the current dispute risks undermining unity within world football and urged reforms that would restore confidence in FIFA's governance.

The opposition from three of football's largest regional confederations places increasing pressure on FIFA as discussions over the investment plan continue. The outcome could have significant implications for the future governance and commercial structure of international football.