# FIFA defends fund plan as UEFA keeps boycott threat 2026-08-07T15:43:25+00:00 | Sports | Indian Opinion Desk Corroboration: 1 independent outlet FIFA has defended its shelved plan to sell minority stakes in the World Cup and other competitions to private investors, saying "nobody is selling football." The plan, named FIFA Forward Enterprise (FFE), would have raised USD 4.2 billion by selling non-controlling stakes in a subsidiary valued at around USD 20 billion. FIFA said its consultation was "disrupted by incorrect media reports" and reaffirmed its commitment to an "open and democratic consultation." UEFA, representing 55 European associations, has rejected FIFA's apology and kept its threat to boycott FIFA competitions, saying conditions for ending the dispute have not been met. It declared it has "lost confidence" in FIFA president Gianni Infantino. CONCACAF's 41 members also rejected the plan. FIFA withdrew the proposal on August 1 after backlash. CAF has backed Infantino, while CONMEBOL criticised FIFA's unilateral actions. ## Coverage - thehansindia.com - timesnownews.com - thehindu.com - timesofindia.indiatimes.com Tags: CONCACAF, FFE, FIFA, Infantino, private investment, UEFA Canonical: https://indianopinion.org/fifa-defends-investment-plan-as-uefa-concacaf-revolt/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/fifa-defends-investment-plan-as-uefa-concacaf-revolt/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.