FIFA’s plan to bring private investors into a new commercial entity worth an estimated $20 billion has intensified a long-running power struggle with UEFA, exposing deep divisions over the future governance and commercial direction of world football.

According to Reuters, the proposal would see FIFA create a new subsidiary, FIFA Forward Enterprise (FFE), to manage the commercial and event operations of the World Cup and other major tournaments. FIFA would retain overall control while offering up to a 20% minority stake to external investors, raising as much as $4.2 billion.

The move has been met with fierce resistance from UEFA, which argues that football’s governance should not be opened to private equity investors. European football’s governing body accused FIFA of failing to consult key stakeholders and warned that the proposal risks commercialising the sport at the expense of its integrity.

The dispute reflects a broader struggle between FIFA and UEFA that has played out over several years. FIFA President Gianni Infantino has sought to expand the global game’s commercial reach through initiatives such as the enlarged Club World Cup and a bigger FIFA World Cup, while UEFA has defended its influence over European football and its competitions.

Supporters of the proposal argue the additional funding could increase investment in football development worldwide and provide member associations with significant one-off financial benefits. Critics, however, fear private investors could gain indirect influence over the sport’s most valuable competitions, even if FIFA retains formal control.

The controversy has also revived memories of FIFA’s unsuccessful 2018 attempt to secure a $25 billion investment partnership, which collapsed after widespread opposition.

UEFA and several national football associations have called for greater transparency and broader consultation before any decision is taken, setting the stage for another major confrontation between football’s two most powerful governing bodies.