sports

FIFA Investor Plan Sparks Football Federation Backlash

FIFA announced plans to create a commercial management company seeking $10 billion in private investment, sparking strong opposition from major football federations.

On July 28, FIFA revealed intentions to establish a company to manage its commercial operations and attract external investors, promising $10 billion for football development worldwide. The move has drawn significant criticism from key football authorities.

Philippe Diallo, president of the French Football Federation (FFF), expressed serious concerns about the project, calling it "full of questions" and potentially "an absolute attack on football." A vice-president of the German Football Federation echoed these sentiments, highlighting the controversial nature of FIFA's commercial expansion plans. chickenroad.qpon