‘No longer a World Cup’ without Europe, says analyst of FIFA investment plan
CNAFIFA 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 Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia