FIFA stake sale plan worries England FA

England's Football Association said it was deeply concerned about FIFA's plans to sell stakes in its major competitions through a new commercial subsidiary.

The FA said on Wednesday that it had been unaware of the proposal and had no substantive details about what was being proposed or what conditions would apply.

It said it was concerned about what it called a lack of process and governance, and said it would comment further after FIFA shared the proposal in full.

FIFA said its subsidiary, FIFA Forward Enterprise, would select long-term investors to buy minority, non-controlling interests. FIFA said it would retain sole control of the subsidiary and exclusive authority over football governance, competitions, the match calendar and sporting decisions.

UEFA said the World Cup was not an "asset to trade". British Prime Minister Andy Burnham wrote on X that "football does not belong to investors" and said the World Cup was "never anyone's to sell".