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2 months ago General
European football governing body UEFA has threatened to boycott the World Cup after FIFA announced its plans to establish a $US20 billion subsidiary to run international competitions and sell stakes of up to 20 per cent to external investors.
UEFA has slammed the move saying it crosses a line and it’s putting the game’s soul up for sale.
University of Notre Dame Richard Sheehan discusses FIFA’s investment plan and questions why a non-for-profit organisation requires many billions of dollars in cash reserves.
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