FIFA is proposing to sell stakes in the World Cup to private investors, aiming to provide its 211 member associations with more funding for football development. However, past financial mismanagement raises doubts about the effectiveness of such investments, with reports of funds going unaccounted for in various regions, particularly in Africa and Asia.
Reactions from governing bodies have been swift, with UEFA expressing outrage and Concacaf voicing concern. The Asian Football Confederation has criticized the lack of consultation, while the Confederation of African Football has yet to respond. The need for greater transparency and oversight in the distribution of funds is highlighted by historical instances of financial irregularities in several national federations.