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CAF Reviews FIFA Plan to Sell Stakes in Major Football Competitions

By Ebi Oboko1 min read
CAF

The Confederation of African Football, CAF, has asked its members to review FIFA’s proposed plan to sell minority stakes in its major competitions.

CAF President Dr Patrice Motsepe is expected to lead discussions by the executive committee next week on FIFA’s Forward Enterprise initiative.

FIFA says the proposed commercial subsidiary will manage events including the World Cup and Club World Cup, with private investors allowed to take minority shares.

If approved, the plan could raise billions of dollars and increase funding to FIFA’s 211 member associations from 2027.

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