AFC Throws Weight Behind UEFA, CONCACAF Amid FIFA Investment Row: 'The Situation Has Reached A Point…'

For the unversed, FIFA recently announced plans to create FIFA Forward Enterprise (FFE), a new company that will manage the commercial side of its tournaments, including TV rights, sponsorships, ticket sales and licensing for events like the World Cup. FIFA has planned to raise $20 billion by selling stakes in the FFE; however, the football bodies fear it could give private investors too much influence over football, increase commercialisation and weaken football governance.

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