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FIFA’s World Cup Sale Sparks Boycott | Oakland News
Description
European soccer giants are preparing to shut down their participation in FIFA events unless the organization backs away from its controversial plan to sell a 20% stake in the World Cup to private investors led by Joshua Kushner. FIFA says the $20 billion infusion will fund grassroots development globally, but UEFA has called the move reckless and is demanding a full withdrawal before any national teams play in FIFA competitions again. The proposal, set for a September vote, also reignites scrutiny over FIFA President Infantino’s ties to former President Trump and ongoing investigations into FIFA’s ticketing practices. With a deadline looming in October, the world watches as soccer’s governing body faces a potential existential crisis over commercialization versus integrity.
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