00:01Europe's powerful football governing body says it will boycott all FIFA tournaments
00:05if it presses ahead with a plan to sell a stake in the World Cup to private investors.
00:10UEFA's 55 member associations unanimously voted not to take part in future World Cups or other FIFA-run events
00:17if the proposal goes ahead.
00:19Following an emergency meeting on Thursday, it said the tournament could not be treated as an investment product
00:24and was not for sale.
00:25In a further blow to FIFA present Gianni Infantino's plan, CONCACAF has also rejected the proposal,
00:31saying it was concerned about the lack of due process.
00:34The 41-member North America, Central America and Caribbean bloc did not, however, say it would boycott the tournament.
00:41On Tuesday, FIFA, a non-profit association, announced plans to create a commercial subsidiary
00:47to run its biggest events such as the World Cup and the Club World Cup.
00:50Under the proposal, private investors would be allowed to acquire stakes in the company,
00:55but would remain minority shareholders.
00:57mutually CARE AND CARE AND CARE AND CARE AND RINA
00:59CONCENSIBLE CONCESS
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