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Fifa president Infantino abandons $20 billion World Cup plan after global backlash
Fifa president Gianni Infantino abandoned his plan to sell World Cup profits to private equity. This decision followed significant pushback from football organizations across the globe. UEFA, CONCACAF, and the Asian Football Confederation all voiced strong opposition to the proposal. Infantino stated the project created divisions no longer serving its original purpose.
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france24.com
FIFA scraps controversial private investment plan after backlash
FIFA President Gianni Infantino on Saturday said he was abandoning a controversial plan to allow private investment in the World Cup after fierce backlash. Pressure mounted on…
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smh.com.au
FIFA scraps World Cup sell-off plans, Infantino says
Gianni Infantino said world soccer’s governing body has scrapped plans to sell a stake in the World Cup to private investors after widespread backlash.
