FIFA's Folly: A Privatization Plan That Threatens the Beautiful Game The world of international soccer is abuzz with controversy as FIFA pushes forward with a plan to sell stakes in the World Cup to Thrive Capital, an investment firm backed by Joshua Kushner.
Regional soccer federations, including UEFA, CONCACAF, and AFC, have expressed outrage, arguing that the move undermines the spirit of the game and threatens the autonomy of member associations.
FIFA's defense of the plan is disingenuous. The organization claims that "nobody is selling football," but this statement is a classic example of doublespeak.