FIFA, the Fédération Internationale de Football Association, the global overseer of football founded in 1904, is to rebrand following the Qatar World Cup.

The new FIFA will retain the same initials, which will now mean Fédération Internationale de Fashion Association.

A FIFA spokesperson told FNN:

The Qatar World Cup has made it abundantly clear that sport and especially football, no longer means anything and has become all about money. So we have decided to switch our focus to fashion, another important global business, but one that revolves around beautiful people, inclusivity, art and creativity rather than money, armbands and beer.

Also, the switch from football to fashion means we don't have to change our FIFA acronym or logos. Bonus!

FNN has learned that the first outfits to be promoted by the new FIFA will be a complete set of 'rainbow' gear, in psychodelic Carnaby Street sixties style, which also will become the official outfit for the presenters of the next Eurovision Song Contest.

Meanwhile the BBC announced that its flagship soccer sports show 'Match of the Day' will now be hosted by Harry Styles, renamed 'Here's Harry' and sponsored by FIFA.

Former Millwall skinhead Bill "Bovver" Heslop, now retired and living in Australia, commented:

Football lost its way after the seventies. What FIFA needs is a good kicking from my Doc Martens. Oi! Oi! Oi!

Hey Muriel! Fetch me a tinnie. I'm parched!