India, July 29 -- The backlash against FIFA's controversial plan to sell off a stake in its commercial operations is rapidly growing. Following fierce opposition from European governing body UEFA, CONCACAF has now publicly condemned the proposal. The move to invite private investors into a new $20 billion commercial entity has sparked a civil war in world football, with major confederations citing a severe lack of transparency and due process.

What is the FIFA Forward Enterprise plan?

FIFA recently unveiled plans to create a new commercial subsidiary named FIFA Forward Enterprise (FFE). The global governing body intends to consolidate its commercial and event operations into this new company, which has an estimated valuation of $20 bill...