A senior advisor to FIFA President Gianni Infantino resigned in protest at plans to sell a stake in the World Cup on Friday, as European football threatened a boycott and regional confederations united in opposition to the controversial proposal.
Carlos Cordeiro resigned with immediate effect, calling the plan "a bad deal for football".
Cordeiro, who was appointed in 2021 by Infantino to help shape FIFA's future, said the soccer body was "mortgaging football's future without any compelling justification".
"It is a bad deal for FIFA's Member Associations, a bad deal for football, and a bad deal for the long-term future of the game," Cordeiro said in a statement.
A former banker and ex-U.S. Soccer Federation vice president, Cordeiro added that he had no involvement in the proposal and opposed it "unequivocally".
Carlos Cordeiro, senior advisor to FIFA President Gianni Infantino.
Photo credit: AFP
Despite the mounting opposition, Switzerland-based FIFA said "incorrect media reports" this week had disrupted its planned consultation process but that it would press on with putting the proposal in front of its 211 national football associations.
"We will proceed with this consultation process to ensure that each MA (Member Association) has the ability to express its vote based on facts," it said in a statement issued in the middle of the European night.
FIFA has proposed creating a $20-billion subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and its other events, with a stake of up to 20% to be offered to external investors.
Thrive Eternal, a fund run by Thrive Capital, founded by Joshua Kushner, was expected to lead the proposed investor group, FIFA said. Joshua is the brother of Jared Kushner, U.S. President Donald Trump's son-in-law.
The European football association, UEFA, has led the widespread opposition to the proposal, accusing FIFA of putting the sport's "soul" up for sale.
On Thursday, UEFA's 55 member nations voted unanimously to boycott all FIFA tournaments, less than two weeks after Spain were crowned World Cup champions.
"Nobody is selling football. This is not something FIFA would ever entertain," FIFA responded in Friday's statement.
"Everyone has the right to express their opposition and to seek further clarification but no single entity can claim to represent all 211 MAs around the world.
A screen displays the total attendance by June 25, 2026, during the Fifa World Cup 2026 Group E match between Ecuador and Germany in New York/New Jersey Stadium, East Rutherford, United States.
Photo credit: Reuters
"Each MA should be allowed to review the proposal and have a say in shaping their own future. These are the democratic principles of FIFA."
CONCACAF, the regional federation for North America, Central America and the Caribbean, rejected the proposal during a meeting on Thursday but the 41-member body did not follow UEFA with a boycott threat.
The Asian Football Confederation, comprised of 47 members, issued a statement on Friday saying it "stands in solidarity" with UEFA and CONCACAF, but also stopped short of threatening a boycott.
The AFC, which has not historically been as frequent or vehement a critic of FIFA as its European counterpart UEFA, questioned the viability of the proposal following an overwhelmingly negative response.
This week, Infantino said in a letter to all member associations that they would receive $40 million each if they agreed to FIFA's proposal by September 19.
On Friday, FIFA said that it would not go ahead with the plan without the support of the majority of its member associations.
"These principles underpin the FFE proposal: unprecedented development funding, truly global ownership of the commercial opportunities of our sport, and full self-determination through a democratic process for all MAs," FIFA said.
UEFA, CONCACAF and the AFC combined have 143 associations, well over half of FIFA's 211 members.
However, not all individual member nations would be certain to follow their federations' line.
Czech Football Association President David Trunda told Sky Sports that he could see the "positive impact of FIFA's intentions", while the Mexican Football Federation said it would study the proposal before deciding its position, despite CONCACAF's rejection.
Xabi Alonso, a World Cup winner with Spain in 2010, said on Friday that football had to prioritise the people who watch the game, not private interests.
"We have to defend the interests of all the people," the Chelsea coach told reporters in Sydney.
"I think that it's the common feeling of football people that we want something that we keep in the hands of everyone, that it's for all the people. So, hopefully it won't happen."
