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[SPORTS] · Spain · 34 sources

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Real Madrid hails FIFA's U‑turn on commercial‑rights sale

FIFA announced it would abandon the plan to create a commercial‑rights vehicle, FIFA Forward Enterprise (FFE), that would have sold 20‑30% of the World Cup and other competition revenues to private investors. Real Madrid issued a statement calling the reversal “a good news for football, for its institutions and for the millions of fans”. The club thanked UEFA, the continental confederations and national federations for their firm opposition, saying their unity protected football at a decisive moment. It reiterated its long‑standing stance against any attempt to monetise future competition revenues without assuming the associated costs and risks, citing its earlier opposition to the LaLiga‑CVC deal that mortgaged clubs’ audiovisual income for fifty years. Real Madrid stressed that clubs are the foundation of international football and that the World Cup is a public‑interest heritage, not a financial commodity.

Entities

FIFA · Gianni Infantino · Javier Tebas · LaLiga · Real Madrid · Real Madrid CF · Real Madrid Club de Fútbol · UEFA

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