Former U.S. Soccer president Carlos Cordeiro resigned from his job advising FIFA because FIFA is considering selling a permanent stake in the World Cup to private investors.
He says this would be terrible for soccer.
Okay.
But it would also raise $4.2 billion.
That is an insane amount of money for a tournament where grown men run around for two hours and sometimes nobody scores.
Cordeiro said FIFA would be “mortgaging football’s future.”
That sounds scary until you remember the future of football is mostly more people pretending to be injured and then jumping up perfectly fine ten seconds later.
UEFA is threatening to boycott FIFA competitions if the plan moves forward. Concacaf and the Asian Football Confederation do not like it either.
So all the soccer organizations are mad because rich investors might make money off the World Cup.
Have they just discovered capitalism?
FIFA already makes mountains of cash, but $4.2 billion is still $4.2 billion. You could build stadiums, pay bonuses, improve fields, or buy every fan a hot dog.
Instead, everyone is acting like private investment will destroy the sacred purity of soccer, a sport already covered in gambling ads, sponsorship logos and guys making millions to kick a ball sideways.
Cordeiro asked who would benefit.
Hopefully America.
He also asked what investors would get.
Probably money. That is usually why people invest.
Would selling part of the World Cup be a bad long-term decision?
Maybe.
Would it make a ridiculous amount of money right now?
Absolutely.
And since soccer is mostly just waiting for something to happen, who cares?
Patriot Freedom America News | No Fake News, Guaranteed 
Leave a comment