Milan, 31 July (LaPresse) – FIFA is pressing ahead with President Gianni Fantino’s plan to sell stakes in the World Cup to private equity investors. “We have taken note of the comments provided by the respective confederations regarding the proposal to establish FIFA Forward Enterprise (FFE) and wish to address the issues that have arisen following the initial media reports,” reads a statement published on the International Football Federation’s website. “We respect the comments and concerns expressed publicly and reaffirm our commitment to open and democratic consultation. Our consultation process, which had been planned in advance, was disrupted by inaccurate media reports. We will proceed with this process to ensure that every association has the opportunity to cast its vote based on the facts,” the statement continues, emphasising that “no one is selling off football. This is not a scenario that FIFA would ever consider.”
FIFA: “We respect concerns but are pressing ahead with privatisation”
Milan, 31 July (LaPresse) – FIFA is pressing ahead with President Gianni Fantino’s plan to sell stakes in the World Cup to private equity investors. “We have taken note of the comments provided by the respective confederations regarding the proposal to establish FIFA Forward Enterprise (FFE) and wish to address the issues that have arisen following the initial media reports,” reads a statement published on the International Football Federation’s website. “We respect the comments and concerns expressed publicly and reaffirm our commitment to open and democratic consultation. Our consultation process, which had been planned in advance, was disrupted by inaccurate media reports. We will proceed with this process to ensure that every association has the opportunity to cast its vote based on the facts,” the statement continues, emphasising that “no one is selling off football. This is not a scenario that FIFA would ever consider.”
