UEFA member federations agreed to boycott all FIFA competitions in protest at Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors.
Details of the Plan
The strategy meeting was called to counter FIFA president Infantino’s offer of $20 million to each of its 211 global members that has to be accepted by mid-September. Infantino’s secret proposal was revealed to spin off its commercial operations in a $20 billion operation 20% owned by private investors.
Original reporting: KSAT Sports (San Antonio) — read the source article.