Fifa World Cup plans: The first amount of private money can be received by the end of October

World football’s governing body expects to receive the first funding generated by president Gianni Infantino’s controversial auction plans by the end of October.

Infantino proposed the creation of a subsidiary organization to run FIFA competitions, which would include foreign investment.

Fifa has given all 211 member associations until September 19 to say whether they agree with the plan, with a clear majority to decide to go ahead.

One of the biggest complaints about the plan so far has been the lack of consultation.

Critics will say that this is underlined by a new document sent to organizations by Fifa – seen by BBC Sport – which details the following terms regarding funding:

The latest development comes as Europe’s governing body prepares to hold an emergency meeting on Thursday afternoon to discuss its response.

Uefa continued to be furious over the plans after it emerged that Fifa had sent an earlier letter – also seen by the BBC – to all associations giving them until September 19 to decide whether they want to accept the deal, as well as the first $20m (£15m) of the $40m (£30m) down payment.

“We have heard of Fifa’s deadline for the associations to support their proposals or the single payment proposal will be withdrawn,” said Uefa. “This says everything you need to know about this program.”

This was the second statement by Uefa on this matter. The first is that Fifa “crossed the line”.

It is not known exactly what will be discussed in this meeting which will be held approximately.

Many members of Fifa – including the Football Association – were outraged to read only in the media about the proposal to sell private funds 20% of the shares in the Fifa competitions – led by the investment company Thrive Eternal of Joshua Kushner, who is the brother-in-law of the daughter of the American President Donald Trump Ivanka.

FA chairman Debbie Hewitt was among the FIFA vice-presidents who were not given advance notice. Uefa’s uneasiness was echoed by the Asian, South American and North and Central American Confederations.

David Bernstein – former FA and Manchester City chairman – said England should “withdraw” from the World Cup if Infantino’s proposals are successful.

Three of the 2026 World Cup semi-finalists are among UEFA’s 55 members. It knows that the nuclear option of its members to withdraw from the competition will seriously damage the financial performance of the concept.

That is widely seen as the outer edge of the possibility, especially as one Uefa member has said he broadly agrees with Infantino’s proposals.

“We can see the pragmatic benefits of Czech football,” said David Trunda – president of the Czech FA.

However, the World Leagues association, led by Premier League chief executive Richard Masters, feels that Fifa is overstepping its bounds.

“Fifa’s activities go beyond the commercial success of its competitions,” he said.

“While only about 1% of the world’s professional players participate in the World Cup, some 130,000 professional footballers and all their clubs stop competing as national league competitions stop.”

It added that the creation of a branch to oversee Fifa’s commercial activities “further highlights the conflict of interest between Fifa’s role as world football regulator and commercial promoter of major international tournaments”.

It concluded: “The World Leagues Association calls on FIFA to withdraw its project and emphasizes the need for fundamental change in FIFA’s decision-making processes.”