Fifa has been strongly criticised by Concacaf, football’s governing body for the Caribbean and North America, along with the Asian Football Confederation (AFC) for failing to consult on its shock plan to sell stakes in the World Cup.
On Tuesday, Fifa said it plans to create a $20bn 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, which accused Fifa president Gianni Infantino of putting the game’s “soul” up for sale.
