Fifa scraps controversial World Cup investment plan

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

Gianni Infantino ’has lost Uefa’s confidence’ after Fifa chief scraps World Cup sell-off plan

Infantino scrapped proposals after widespread backlash Uefa adds: ‘We cannot keep going on with secret schemes’ Gianni Infantino “has lost the confidence” of Uefa following his aborted project to sell off the World Cup to private investors, European football’s governing body has said. The Fifa president’s plan would have seen stakes sold in a company which would run the commercial and operational aspects of competitions including the men’s and women’s World Cups. The scheme was rejected by ...

By Andy Martin

FIFA President Gianni Infantino’s Future in Question as World Cup Investment Plan Scrapped

FIFA President Gianni Infantino's bid to involve investors in the World Cup angered so many, his bid for a fourth term could be in danger, experts said.

Gianni Infantino has ‘lost Uefa’s confidence’ after ‘shabby, back room, opaque’ World Cup investment plan

By Jamie Gardner

Fifa scraps plan to allow private investment in World Cup following fierce backlash

The beleaguered Infantino said he would focus now on restoring harmony while continuing to grow the game.

How global backlash, UEFA boycott threat forced FIFA to abandon World Cup investment plan

FIFA scraps its World Cup investment plan following widespread global backlash and UEFA’s boycott threat. Learn how the controversy unfolded. Read More: https://punchng.com/how-global-backlash-uefa-boycott-threat-forced-fifa-to-abandon-world-cup-investment-plan/

By Punch Newspapers

Fifa scraps World Cup sell-off plan after global backlash

FIFA has abandoned plans to sell a stake in the commercial business behind the World Cup after opposition from three regional confederations left the proposal without enough support. The reversal places Gianni Infantino under pressure months before nominations close for the next FIFA presidential election. Infantino confirmed the withdrawal in a statement issued early on Saturday, four days after reports disclosed plans to bring private investors into a new company responsible for FIFA comp...