The Confederation of North, Central America and Caribbean Association Football (CONCACAF) has rejected FIFA's proposal to sell the rights to host the World Cup.
According to what the federation announced in an official statement, CONCACAF, which includes 41 national federations, said that past experiences have shown what can happen when those in charge of football stray from the principles and values on which the game is based, stressing that its member federations rejected the proposal submitted by FIFA.
The Telegraph had previously reported that FIFA President Gianni Infantino was considering a proposal to sell a stake in the World Cup rights to private investors.
According to the report, FIFA is considering creating an independent company to manage the tournament, with between 20 and 30% of its shares offered to private sector investors.
These developments come amid European objections as well, with the European Football Association (UEFA) announcing that its national teams may boycott the 2030 World Cup if FIFA proceeds with selling the tournament rights to investors.
Reportedly, all 55 national associations that are members of UEFA have expressed their support for the boycott, including the Russian Football Union.
