stluciatimes, caribbean, caribbeannews, stlucia, saintlucia, stlucianews, saintlucianews, stluciatimesnews, saintluciatimes, stlucianewsonline, saintlucianewsonline, st lucia news online, stlucia news online, loop news, loopnewsbarbados

CFU joins Concacaf’s pushback against FIFA business proposal

FIFA’s attempt to overhaul the financial structure of global football, worth billions of dollars, has run into strong resistance. Regional confederations are questioning the goals of the world governing body, their own stake in the leadership of international football, and how the recent changes were decided.

On July 28, 2026, FIFA president Gianni Infantino unveiled its intention to create a new commercial subsidiary named the FIFA Forward Enterprise, meant to consolidate FIFA’s broadcast, sponsorship, ticketing and licensing portfolios into a focused business entity. He also set a September 19 deadline for associations to respond.

Various news agencies reported Infantino’s plan to sell minority, non-controlling stakes to a select group of private equity investors led by permanent capital holding company Thrive Eternal, initially valued at US$20 billion.

FIFA promised its 211 member associations that their regular development funding would more than double in the next cycle, reaching $20 million per country. They also offered an optional, immediate $20 million payment through a new Fast Forward Programme.

Infantino framed this as the true democratisation of football worldwide. However, European and North American football leaders were quick to react, calling the offer a reckless bypass of the sport’s established checks and balances.

The pushback from UEFA and Concacaf revealed that Infantino’s “consultation process” happened only after decisions were made. 

Concacaf also publicly rebelled against the unilateral rollout, quickly releasing a statement supported by the Caribbean Football Union, of which Saint Lucia’s Lyndon Cooper is president.

“Concacaf was only made aware of this matter through media reports and, subsequently, via a media release. We are deeply concerned by the lack of due process,” read the statement.

“We share the disappointment of many within our region and the game that this level of detail has been designed and shared publicly before any discussion with the relevant governance bodies and stakeholders has taken place.

“As leaders within football, we are the custodians of the game. Collectively, FIFA, the Confederations and every Member Association have a responsibility to always act in the best interests of the sport. Every decision we make must be guided by good governance, robust processes and long-term stewardship. This is the framework within which Concacaf operates. We trust that all within the FIFA family will act in the same manner.”

Cooper, president of the Saint Lucia Football Association, is also a Concacaf vice president. The CFU released a statement of its own to stand behind Concacaf. 

By attempting to leverage unprecedented cash payouts directly to member associations to force through a corporate restructuring, Infantino has instead provoked an escalating executive civil war that could disrupt the governance of world football.

Any third-party or user posts, comments, replies, and third-party entries published on the St. Lucia Times website (https://stluciatimes.com) in no way convey the thoughts, sentiments or intents of St. Lucia Times, the author of any said article or post, the website, or the business. St. Lucia Times is not responsible or liable for, and does not endorse, any comments or replies posted by users and third parties, and especially the content therein and whether it is accurate. St. Lucia Times reserves the right to remove, screen, edit, or reinstate content posted by third parties on this website or any other online platform owned by St. Lucia Times (this includes the said user posts, comments, replies, and third-party entries) at our sole discretion for any reason or no reason, and without notice to you, or any user. For example, we may remove a comment or reply if we believe it violates any part of the St. Lucia Criminal Code, particularly section 313 which pertains to the offence of Libel. Except as required by law, we have no obligation to retain or provide you with copies of any content you as a user may post, or any other post or reply made by any third-party on this website or any other online platform owned by St. Lucia Times. All third-parties and users agree that this is a public forum, and we do not guarantee any confidentiality with respect to any content you as a user may post, or any other post or reply made by any third-party on this website. Any posts made and information disclosed by you is at your own risk.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

TRENDING

746
Water

Have you been affected by recent water disruptions?

Subscribe to our St. Lucia Times Newsletter

Get our headlines emailed to you every day.