FIFA's proposal to create FIFA Forward Enterprise (FFE) encountered another major obstacle on Thursday. Just hours after UEFA announced its position, Concacaf revealed that its 41 member associations had unanimously rejected the initiative presented by world football's governing body.

The decision was made during an extraordinary meeting in which the confederation's national associations reviewed the proposal before adopting a unified position.

In an official statement, Concacaf said that the future of football and its most valuable assets should remain under the control of the football community itself.

"Concacaf and its 41 Member Associations have rejected the proposal. Concacaf reaffirms that the future of football—and its greatest asset—must remain in the hands of the football family," the confederation said.

What Is FIFA Forward Enterprise?

The initiative introduced by FIFA proposes the creation of FIFA Forward Enterprise, a subsidiary company designed to attract long-term private investment through the sale of minority equity stakes.

According to the governing body, the project aims to raise up to $4.2 billion in initial capital, valuing the new entity at approximately $20 billion.

FIFA has emphasized that the proposal does not involve selling the FIFA World Cup or transferring control of its competitions. Instead, the organization says the objective is to strengthen the FIFA Forward program, which finances football development projects around the world.

Under the proposal, funding distributed to each member association would increase from $8 million during the 2023-2026 cycle to approximately $20 million for the 2027-2030 period.

Concacaf Explains Its Position

In its official statement, Concacaf said its member associations raised several concerns regarding the process through which the proposal was presented.

Among those concerns were the limited time available to properly evaluate the initiative, the absence of a complete review through FIFA's governance bodies, and the need for greater clarity before making a decision on a project of this scale.

The member associations also questioned the need to seek private investment given the financial success achieved by FIFA following the 2026 FIFA World Cup, one of the most profitable tournaments in the organization's history.

As part of its position, Concacaf called for stronger transparency and governance measures while also encouraging discussions about alternative ways to increase investment in football development using FIFA's existing financial resources.

UEFA Had Already Announced Its Opposition

Concacaf's decision comes only hours after UEFA publicly rejected the FIFA Forward Enterprise proposal.

With that announcement, two of the six continental confederations have now officially expressed their opposition to a project that remains under discussion within international football.

For now, FIFA continues to support the proposal, maintaining that its objective is to strengthen the global development of football by increasing financial support for its member associations. However, following the positions taken by both UEFA and Concacaf, the future of FIFA Forward Enterprise is expected to remain a key topic of discussion within world football's governing bodies in the months ahead.

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