Friday, July 31, 2026 - The Confederation of African Football (CAF) has called on its members to review a controversial plan by the Federation of International Football Association (FIFA) to sell off stakes in its major competitions, including the World Cup.
“The CAF President, Dr Patrice Motsepe, will host a meeting
of the CAF executive committee next week to… assess and evaluate the proposed
FIFA Forward Enterprise initiative,” CAF said in a statement late on Wednesday.
The world football governing body on Tuesday announced plans
to create a commercial subsidiary to run its biggest events, such as the World
Cup and Club World Cup.
Under the proposal, private investors would be allowed to
acquire stakes in the company but would remain minority shareholders, FIFA
said.
The governing body hopes to raise up to $4.2 billion based
on a valuation of $20 billion for FFE.
If approved, the project could provide each of FIFA’s 211
member associations with a one-off payment of $20 million in early 2027 and
increase their funding allocation for the 2027-2030 cycle from $8 million to
$20 million.
FIFA president, Mr Gianni Infantino, on Wednesday described
the initiative as a “golden opportunity to turbocharge the development of the
game globally.”
However, the proposal has drawn criticisms from several
leading European federations and European Union officials, who view it as
another step in the commercialisation of sport and have raised concerns over
potential conflicts of interest.
The Union of European Football Associations (UEFA) had
claimed that FIFA officials were using the opportunity to enrich themselves and
their friends.
The Confederation of North, Central America and Caribbean
Association Football (CONCACAF) and the Asian Football Confederation (AFC) have
also expressed concern that the proposal was made public before FIFA’s 211
member associations were fully consulted.
CAF said it remained “committed to continue consulting and
together with its member associations… in support of increasing financial and
other resources for the development and growth of football in Africa and
worldwide.”

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