New Delhi, July 29 -- FIFA is facing immense scrutiny and criticism from football fraternity all over the world after it announced its plan to seek private investment in the FIFA World Cup, with UEFA leading the criticism and European nations all set to discuss a potential boycott of the 2030 FIFA World Cup to be co-hosted by Portugal, Spain and Morocco.

FIFA on Tuesday announced that it was seeking to launch FIFA Forward Enterprise (FFE) in order to bring together the sale of FIFA's commercial rights, right from broadcasting, sponsorship, ticketing and licensing - with the operational delivery of its tournaments, as per Sky Sports.

Under this proposal, FIFA would raise upto 4.2 billion USD (3.1 billion pounds) via external investors, t...