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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## FIFA's New Commercial Venture
FIFA has announced plans to establish a new commercial entity, FIFA Forward Enterprise, valued at $20 billion. This venture aims to manage the commercial aspects of FIFA's operations, including ticket sales, sponsorships, and broadcasting rights. FIFA intends to sell up to 20% of this company to external investors, potentially raising $4.2 billion.
## UEFA's Concerns
UEFA, the governing body for European football, has expressed strong opposition to FIFA's proposal. They argue that the essence and governance of football should not be commodified. UEFA is concerned about the transparency of the deal and who would benefit financially.
## Tensions Between FIFA and UEFA
The relationship between FIFA and UEFA has been strained, with both organizations vying for influence in the football world. UEFA President Aleksander Ceferin recently skipped the World Cup final due to ongoing disagreements with FIFA.
## Potential Consequences
UEFA is considering drastic measures, including a possible boycott of future FIFA events, such as the World Cup. This tactic has been effective in the past, leading to the abandonment of previous FIFA proposals. The outcome of FIFA's current plan remains uncertain, as it requires approval from a majority of FIFA's 211 member associations.
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