UEFA's 55 member associations unanimously agreed on July 30, 2026, to boycott all FIFA competitions—including the men's and women's World Cups—until Gianni Infantino's proposal to sell minority stakes in those events to private investors is fully withdrawn with binding assurances against future privatization. The decision followed emergency meetings and aligned rejections from confederations including Concacaf and AFC, escalating governance tensions ahead of the expanded 2026 tournament. Trader focus centers on prospects for rapid compromise through direct talks between UEFA president Aleksander Čeferin and FIFA leadership, potential FIFA council reversals, sponsor pressure, or player union interventions, as the conditional stance ties resolution directly to abandonment of the ownership plans rather than a fixed timeline.