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Sorry Soccer Fans, but the 2030 World Cup Might Not Happen
Just weeks after countless Americans fell in love with soccer while watching the World Cup, news came down that the 2030 World Cup might be in peril due to a threatened European boycott.
The boycott is in response to a move by FIFA executives to open the World Cup up to private investment in the amount of $20 billion through the FIFA Forward Enterprise. The investment would give participants significant control over the most watched and influential sporting event in the world.
Critics claim that the organization has no right to sell the tournament due to FIFA's status as a non-profit entity. Some have accused the organization of offering a "pay-to-play" to incentivize cash-poor countries into supporting the move through $40 million payments if the resolution was approved. Should the resolution fail, only $10 million would be paid out. Regional federations of soccer have claimed that they were not informed of the proposed deal and only found out through media reports.
FIFA responded by stating that FIFA Forward Enterprise would be a for-profit entity that only oversees the organization's commercial and "operational event delivery activities." They have also stated that FIFA "would own and control permanently" the FIFA Forward Enterprise in a statement, not mentioning that a significant portion of the entity would be sold off.