"We will continue the process to ensure that all member associations can make their voices heard, based on facts," FIFA wrote in the statement, according to Reuters.
According to FIFA, the process has been disrupted by "incorrect media reports".
"Everyone has the right to express their opposition and request clarification, but no single party can claim to represent all 211 member associations worldwide. Each member association should be given the opportunity to review the proposal and have a say in how their future should be shaped. These are the democratic principles on which FIFA is built," the association writes.
Europe boycotts
FIFA announced on Tuesday that it wants to sell shares in all its tournaments, including the World Cup, to private investors through a subsidiary that will handle the commercial rights.
"Europe's position is clear. We will never give this model our legitimacy. No one has the moral authority to sell what they are merely managing to the next generation," writes European football's governing body UEFA.
UEFA and its 55 member associations, including the Swedish Football Association, announced on Thursday that they will boycott all FIFA tournaments "as long as these proposals apply."
"Unless the proposal is abandoned in its entirety and binding guarantees are given that FIFA will never again open its governance or its competitions to private ownership," UEFA announced.
"Undermines football"
Later on Thursday evening, the Confederation of North, Central American and Caribbean Association Football (Concacaf), including the World Cup host nations the United States, Mexico and Canada, announced that it too would not accept FIFA's proposal.
The Confederation of African Football (CAF) and the Asian Football Confederation (AFC) have announced that the proposal will be discussed with all member associations.
However, AFC President Sheikh Salman bin Ibrahim al-Khalifa has expressed criticism of the proposal in a letter to member associations.
"The AFC is deeply concerned that FIFA's unilateral actions could undermine the very foundation of football," he writes, among other things, according to Al Jazeera.
