World soccer's ruling body said on Tuesday it ​plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20% in ​it to external investors. "No UEFA national teams will participate in ⁠any FIFA ⁠competition for so long ⁠as ​these proposals remain alive,

Soccer’s governing body is on a collision course with Europe’s powerhouse leagues and politicians over controversial plans to “sell off” the World Cup, with the threat of a boycott of tournaments loom...

A leaked letter has laid bare the financial incentives for member associations should private investment be allowed to purchase stakes in football ‘s biggest competition.