The opposition to FIFA’s proposed $20 billion investment plan continues to grow, with CONCACAF becoming the latest confederation to reject the proposal.

In a statement, CONCACAF said it does not support FIFA’s plan to create a new commercial entity that would own the rights to the FIFA World Cup and other competitions before selling minority stakes to private investors. The confederation stressed that football’s long-term interests must take priority over short-term financial gains and called for greater transparency and consultation before any decision is made.

The proposal would see FIFA establish FIFA Forward Enterprise (FFE), a company valued at $20 billion, with plans to sell minority stakes to investors while using the proceeds to significantly increase funding for its 211 member associations.

Adding another layer to the debate, American investment firms have been widely rumored to be among the potential investors interested in acquiring a stake in the new company. However, despite the speculation surrounding U.S.-based investors, the U.S. Soccer Federation (USSF) has publicly thrown its support behind CONCACAF’s position, backing the confederation’s decision to reject the proposal and calling for any reforms to protect the integrity, independence, and governance of the global game.

CONCACAF’s stance follows strong opposition from UEFA, highlighting growing resistance from some of football’s most influential governing bodies ahead of FIFA’s planned vote by its member associations.

With the football world increasingly divided, all eyes are now on FIFA President Gianni Infantino and the 211 member associations, who will ultimately decide whether the proposal moves forward.

Should FIFA continue with its investment proposal despite opposition from UEFA and CONCACAF, or should it go back to the drawing board?

Let us know where you stand in the comments.