Fifa scraps controversial World Cup investment plan

Football's world governing body abandons plans to sell off stakes in its major competitions after widespread opposition to president Gianni Infantino's idea.

Fifa backs down from controversial $20bn investment plan

Gianni Infantino says it was ‘clear’ the project created divisions that are no longer in the interest of the body’s initial objective

Fifa scraps proposal to sell off stakes in World Cup after widespread backlash

Gianni ⁠Infantino issues statement on controversial plan ‘This proposal will not proceed,’ confirms Fifa president Fifa president Gianni ⁠Infantino has said world ⁠football’s ⁠governing body ​has scrapped plans to ⁠sell a stake in the World ⁠Cup to private ​investors ‌after widespread ‌backlash. “Having listened carefully ‌to all the views, it has become clear that the project has ‌created divisions of a nature that, ​regardless of the level of support, are no longer ⁠in the interest ​of ​t...

By Reuters

FIFA scrap controversial World Cup private investment plan

FIFA and its President Gianni Infantino faced fierce backlash from across football to plans to sell stake in World Cup.

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Soccer-FIFA scraps World Cup sell-off plan after resistance from members

FIFA said on Friday it will not proceed with its proposal to sell a piece of its business empire to outside investors after the project was met with fierce resistance from some of its member associations.

Gianni Infantino reportedly abandons his controversial plans to sell stakes in FIFA competitions to private investors

UEFA had threatened to boycott FIFA tournaments, including the World Cup, unless Gianni Infantino withdrew his plans to sell stakes in FIFA competitions to private equity investors.

Breaking: FIFA scraps World Cup sell-off plans

FIFA has scrapped plans to sell a stake in the World Cup after the move caused a major backlash.

Fifa scraps plan to sell World Cup stakes after boycott threat and widespread backlash

Fifa president Gianni Infantino is facing considerable pressure after his controversial plan collapsed

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FIFA president abandons plans to sell World Cup profits to private equity following massive pushback

FIFA President Gianni Infantino is abandoning his divisive plan to sell World Cup profits to private equity after receiving pushback from all corners of the soccer world.

Infantino abandons plans to sell World Cup profits to private equity following massive pushback

ZURICH (AP) — FIFA President Gianni Infantino is abandoning his divisive plan to sell World Cup profits to private equity after receiving pushback from all corners of the soccer world. Infantino’s decision came after his senior adviser who sat on a White House panel resigned and Asia’s soccer body joined Europe and North America in opposing it. “Having listened carefully to all the views, it has become clear that the project has created divisions of a nature that, regardless of the level of supp

By The Korea Herald

FIFA scrap plans for private investment into World Cup

FIFA "will not proceed" with plans to sell stakes in a company which would run the commercial and operational aspects of its competitions, a statement from president Gianni Infantino said.

FIFA scraps private investment plan after backlash: Infantino

The idea of allowing private investors even a small stake in FIFA flagship events such as the World Cup had been roundly condemned.

JUST IN: FIFA drops plan to sell World Cup stake after boycott threat

FIFA abandons its controversial plan to sell stakes in the FIFA World Cup and other competitions after widespread opposition and boycott threats. Read more Read More: https://punchng.com/just-in-fifa-drops-plan-to-sell-world-cup-stake-after-boycott-threat/

By Punch Newspapers

Fifa scraps controversial World Cup investment plan

FIFA president Gianni Infantino says he has scrapped the controversial plan to sell off stakes in the governing body’s major competitions, following widespread opposition. Infantino said it had become clear the project had “created divisions” that are “no longer in the interest” of its original objective. The Swiss added: “As a result, this proposal will […]

By Ebenezer Afanyi Dadzie