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UEFA Calls Urgent Meeting to Respond to FIFA’s $20 Billion Investment Scheme

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Key Takeaways:

  • UEFA has scheduled an emergency virtual meeting with its 55 member associations to address FIFA’s equity sale proposal this week
  • FIFA announced plans to form a $20 billion subsidiary, offering up to 20% stakes to external investors to potentially raise $4.2 billion
  • The European governing body sharply criticised FIFA’s plan, alleging it risks the integrity of the sport

UEFA’s Emergency Response to FIFA Initiative

UEFA is preparing to convene a virtual emergency meeting this week with all 55 of its member associations. This gathering comes in response to FIFA’s recently unveiled strategy to offer equity in a newly formed subsidiary to private investors, a move that has drawn stern criticism from UEFA. The European football’s governing body seeks to establish a collective response concerning the controversial plan.

Details of the FIFA Investment Plan

According to FIFA’s announcement on Tuesday, the world’s football governing body intends to set up a new entity, FIFA Forward Enterprise, tasked with managing the commercial and event operations for the World Cup and other competitions. FIFA’s structure would retain overall control, but it proposes to make up to 20% of the subsidiary available to outside investors, with the goal of raising as much as $4.2 billion. The overall subsidiary would carry an unprecedented valuation of $20 billion.

Reactions from UEFA and Next Steps

FIFA, having recently completed the largest-ever World Cup across the United States, Canada, and Mexico with 48 teams, triggered an indignant reaction from UEFA. UEFA charged the global body with “putting the game’s ‘soul’ up for sale” due to this private investment proposition. UEFA’s emergency meeting aims to formulate a unified course of action amongst its members.


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