UEFA to hold emergency meeting with members over FIFA private investment plan

UEFA is looking to hold an emergency meeting with its 55 member associations this week to discuss FIFA’s proposed sale of equity to outside investors, the BBC and ESPN reported.

On Tuesday, FIFA said it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20% in it to external investors – a move that provoked a furious response from UEFA, which accused the governing body of putting the game’s “soul” up for sale....