American, Asian Confederations Blindsided by FIFA's World Cup Plan The recent announcement from FIFA has sent shockwaves through the football world: a plan to sell stakes in a $20 billion commercial subsidiary, potentially raising up to $4.
2 billion through private investments. While FIFA claims this move is aimed at securing the financial future of the game, critics are quick to point out that it's a recipe for disaster.
The confederations of North and Central America (CONCACAF) and Asia (AFC) have expressed strong opposition to the proposal, citing their surprise at being informed through media reports rather than official channels.