South America's governing body CONMEBOL has stopped short of joining the backlash against FIFA's plan to sell stakes in the World Cup to private investors, announcing instead a consultation with its member associations and a request for more information on the project.
In a statement issued on Friday, the confederation, which represents 10 national associations, said that since becoming aware of the proposal presented by FIFA in relation to the FIFA Forward Enterprise (FFE) project, it "began a process of consultations with its Member Associations" and "convened a meeting of its Council with the sole purpose of analysing and evaluating said proposal with the responsibility and rigour that the issue requires". CONMEBOL said it had asked FIFA for "additional information and clarifications on different aspects related to the scope, structure, governance and possible effects of the FFE project".
The response came a day after UEFA threatened to boycott the World Cup should the deal materialise, and as opposition broadened, with the Asian Football Confederation joining UEFA and CONCACAF in voicing concerns. FIFA had revealed earlier in the week that it intended to raise hundreds of millions of dollars by selling a significant stake in the commercial rights of the men's and women's World Cups and the Club World Cup, with more than $10bn (£7.5bn) earmarked for distribution to its 211 member associations.

