Tl;Dr: FIFA president is trying to sell FIFA with the extended Trump family and the European and North American soccer world quickly said “hell no, we’re firmly boycotting”

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European nations agreed to boycott all FIFA competitions, including the World Cup, after an emergency meeting on Thursday resolved to “unequivocally reject” FIFA president Gianni Infantino’s plan to sell stakes in the World Cup to a private equity group.

Infantino’s proposal was later dealt another major blow when North America’s soccer body Concacaf joined European counterpart UEFA in rejecting the plan.

The decision of UEFA’s 55 members means that major nations including Germany, France, England and world champions Spain would not participate in the men’s or women’s World Cups as long as FIFA’s proposal remains active.

“UEFA and its national associations will not participate in FIFA competitions,” UEFA said in a statement.

Following its own meeting later in the day, the 41-member Confederation of North, Central American and Caribbean Association Football said it had also rejected the proposal.

Concacaf members include 2026 World Cup hosts the United States, Canada and Mexico. The U.S. Soccer Federation wrote on social media that it “stands with Concacaf and its members.”

Infantino revealed plans earlier this week for the sale of a stake in FIFA Forward Enterprises (FFE) that would raise $20 billion in exchange for influence over future World Cups including broadcasting and commercial deals linked to the tournament.

The effort is being bankrolled by Joshua Kushner, the brother of Jared Kushner, U.S. President Donald Trump’s son-in-law.