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July 29 : The Confederation of North, Central American and Caribbean soccer (CONCACAF) said on Wednesday that it had not been informed of FIFA's proposed sale of equity to outside investors and was "deeply concerned" over a lack of due process.
July 29 : UEFA is looking to hold an emergency meeting with its 55 member associations this week to discuss FIFA's proposed sale of equity to outside investors, the BBC and ESPN reported.
July 28 : FIFA said on Tuesday it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20 per cent in it to external investors, a move that provoked a furious response from UEFA, who accused world soccer's governing body of putting the game's "soul" up for sale.
July 28 : FIFA said on Tuesday it plans to create a new commercial subsidiary valued at $20 billion, offering a stake of up to 20 per cent to external investors in a move that faced immediate sharp criticism from Europe's UEFA.
UEFA has rejected a FIFA plan to sell stakes in the World Cup to private investors as a «line that football's governing institutions should never cross» and that the World Cup is «not FIFA's to sell.»
UEFA insists the World Cup is not an “asset to trade” after FIFA confirmed plans to set up a private company to run its competitions.
July 28 : FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer's governing body said on Tuesday, as it seeks backing from its 211 member associations for the proposal in a move already criticised by UEFA.
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