Global Markets
UEFA's FIFA Boycott Decision Shakes Football World
724FinanceKaptan Rıza Deniz

UEFA has voted to boycott FIFA after the global soccer body's plan to sell minority stakes in World Cup tournaments. The 55 European member associations unanimously approved the move, banning all their teams from participating in FIFA tournaments until the plan is abandoned. UEFA criticized FIFA's proposed 20% stake sale as a 'private equity venture' threatening the sport's democratic principles. The decision comes amid scrutiny over FIFA President Gianni Infantino's ties to U.S. President Donald Trump. The plan, advised by JPMorgan and Thrive Capital, will only proceed if UEFA fully rejects it. This move has sparked major debate over the future of football governance.