Fifa’s cash plan raises concerns over past misuse

Fifa’s cash plan raises concerns over past misuse

Fifa proposes selling World Cup stakes to private investors to generate over $10bn for member associations, but past funds have been misappropriated in Asia and Africa. Cases include Nigeria’s NFF failing to account for $20m, DR Congo’s Fecofoot president embezzling $1.3m, and a Caf executive banned for misappropriation. Uefa and Concacaf have opposed the plan, while Asia and Africa remain silent.

Source: theguardian.com

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