‘No longer a World Cup’ without Europe, says analyst of FIFA investment plan

FIFA plans to create a US$20 billion commercial subsidiary and bring in outside investors, but the proposal has triggered fierce opposition from European football's governing body UEFA. On Thursday (Jul 30), UEFA said it would boycott all FIFA tournaments, including the World Cup. Speaking to CNA’s Asia Now, Victor Matheson, professor of economics at US-based College of the Holy Cross, discusses why a boycott by Europe’s football powers could dramatically reduce the World Cup’s value, and how the investment plan could change the future of global football. Read more: https://cna.asia/4vVURLd

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