Description:
UEFA’s 55 member nations have resolved to boycott FIFA tournaments if President Gianni Infantino proceeds with plans to sell World Cup stakes to private investors, according to a person familiar with the matter.
The decision by Europe’s powerful member association was finalized during a virtual crisis meeting held Thursday to address the controversial selloff proposal. The boycott is expected to significantly undermine Infantino’s strategy, which requires FIFA’s 211 associations to approve the plans by September 19 or face potential financial penalties. Bloomberg News Reporter Randall Williams breaks it down with Scarlet Fu and Paul Sweeney.
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