AFC joins UEFA and Concacaf against FIFA's World Cup stake sale plan

The AFC has sided with UEFA and Concacaf against FIFA's proposal to sell up to 20% minority stakes in a new subsidiary — FIFA Forward Enterprise — to private investors, aiming to raise up to $4.2 billion. Three of six confederations now oppose the plan, making it unlikely to pass a member vote. The AFC said the World Cup "was not for sale" and warned it "must be reconsidered."