CONCACAF says it will reject plan to sell minority World Cup stakes

The North America, Central America and Caribbean soccer governing body opposed a proposal involving minority stakes in the FIFA World Cup, signaling resistance to outside investment in the tournament.

Summary

CONCACAF said it would reject a plan to sell minority stakes in the FIFA World Cup. The move by the soccer governing body for North America, Central America and the Caribbean signals opposition to bringing outside investors into the commercial structure around one of the sport’s most valuable competitions.

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