Asian soccer body joins opposition to FIFA and Infantino’s World Cup private equity plan
GENEVA (AP) — Asia’s soccer body joined opposition to Gianni Infantino’s plan for private investors to buy stakes in the World Cup and said Friday FIFA must urgently review its management style.
The Asian Football Confederation said it “stands in solidarity” with European body UEFA and North America’s CONCACAF which on Thursday respectively threatened a boycott of FIFA competitions and rejected Infantino’s offer of one-off $20 million payments to each member federation.
“Football should never have been placed in such a position,” said the Asian soccer body, which counts 46 of FIFA’s 211 member federations that Infantino gave a Sept. 19 deadline to accept the $20 million offer.
Infantino has proposed spinning off FIFA’s commercial businesses — including World Cups and Club World Cups for men and women — into a $20 billion subsidiary with 20% owned by private investors.


