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Soccer’s Top Clubs and Leagues Push Back Against FIFA President [The New York Times]

New York Times (NYT)  More Company Research Source: The New York Times
Last new york times earnings: 11/1 08:30 am Check Earnings Report
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PDF At the heart of the most recent complaints is the plan to begin a lucrative new Club World Cup competition, which has the potential to be worth hundreds of millions of dollars but would require 24 clubs to play in a summer tournament akin to the quadrennial World Cup, an event that is worth more than $5 billion to FIFA. It would replace the largely inconsequential Confederations Cup, a World Cup dress rehearsal held in the host country the year before that event. FIFA had met with representatives from clubs, leagues and players’ unions in February to discuss the possibility of expanding and moving the Club World Cup, which is currently played in December, but the officials said they were provided few details before the meeting. “To be presented with FIFA’s ‘solution’ as a fait accompli and claim this to be consultation defies all definitions of best practice and good governance,” Richard Scudamore, the executive chairman of England’s Premier League, wrote to Infantino on March [Read more]

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