On July 30, local time, CAFC and its 41 member associations rejected FIFA's proposal to “sell World Cup shares,” but did not follow UEFA's announcement to boycott all FIFA events. FIFA said its members expressed “deep concern” that the proposal “lacks due process, has a hasty deadline, and has not been reviewed or approved by FIFA's relevant governing bodies.” FIFA President Infantino plans to set up a $20 billion subsidiary to run the World Cup and other events, and sell minority shares to private investors. At present, UEFA has publicly opposed it and announced a boycott of all FIFA events. The AFC also sent a fiercely worded letter to its 47 member associations, warning that “without the unanimous support of the six intercontinental football federations, the proposal is unlikely to succeed.”

On July 30, local time, CAFC and its 41 member associations rejected FIFA's proposal to “sell World Cup shares,” but did not follow UEFA's announcement to boycott all FIFA events. FIFA said its members expressed “deep concern” that the proposal “lacks due process, has a hasty deadline, and has not been reviewed or approved by FIFA's relevant governing bodies.” FIFA President Infantino plans to set up a $20 billion subsidiary to run the World Cup and other events, and sell minority shares to private investors. At present, UEFA has publicly opposed it and announced a boycott of all FIFA events. The AFC also sent a fiercely worded letter to its 47 member associations, warning that “without the unanimous support of the six intercontinental football federations, the proposal is unlikely to succeed.”