Europe threatens to ghost FIFA over the new tournament money grab
It turns out Europe has a limit to how much corporate greed it will tolerate from FIFA.
So, FIFA decided to treat the World Cup like a private equity project by trying to sell off minority stakes in the tournament. Naturally, the European nations are absolutely not having it.
The threat is simple: either FIFA walks back this deal, or the Europeans are taking their balls and going home. They are officially threatening to boycott the entire tournament unless the organization stops acting like a venture capital firm with the world's most popular sport.
It is genuinely wild to see a group of nations actually try to put a leash on the FIFA money machine. This is the equivalent of telling the house that the casino is becoming too greedy.
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