Sepp Blatter criticizes FIFA's plan for private investment

Yahoo Sports • 1 min read • Latest: Jul 31, 2026, 10:20 PM

Last updated Jul 31, 2026

Sepp Blatter criticizes FIFA's plan for private investment

Summary

Sepp Blatter, the former FIFA president, voiced strong opposition to FIFA's recent proposal to establish a subsidiary focused on private investment. He expressed concerns about prioritizing financial gain over the integrity of the sport, stating that selling football's 'crown jewels' compromises its essence. Blatter’s comments come amid widespread backlash from soccer organizations, including UEFA and Concacaf, which have pledged to boycott FIFA competitions until the proposal is rescinded. FIFA has defended the initiative, claiming it aims to benefit member associations without undermining the sport's principles.

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Key Details

•Sepp Blatter criticized FIFA's private investment proposal on July 31, 2026.
•Blatter warned against compromising football's integrity for financial reasons.
•UEFA announced it would boycott all FIFA competitions over the proposal.
•Concacaf and the Asian Football Confederation also oppose the initiative.
•FIFA claims the proposal supports member associations and does not sell football.

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