UEFA and its 55 national associations have announced that they will not participate in FIFA competitions due to a proposal to transfer ownership interests in the World Cup and other FIFA competitions to private investors. UEFA rejects the idea of treating the World Cup as an investment product, stating that it is a sporting legacy that should not be surrendered to private investors. The organization believes that this move would prioritize commercial return over the well-being of the game. As a result, no UEFA national teams will participate in FIFA competitions unless the proposal is abandoned.