Infantino scraps FIFA World Cup sell-off plan
Digest more
The pressure is rising on FIFA President Gianni Infantino to ditch a $20 billion privatization plan, but soccer's governing body is doubling down and criticizing the media.
FIFA President Gianni Infantino said his proposal "will not proceed" after UEFA — the European football association that includes powerhouses such as Spain, France, England and Germany — unanimously threatened to boycott all FIFA competitions going forward.
Jared Kushner‘s younger brother, Joshua Kushner, has seen his high-profile FIFA World Cup investment bid collapse after world soccer leaders The Jared Kushner’s Brother Loses Out As FIFA World Cup Dea
The latest edition of the World Cup took place across North America, with the majority of the games held in the United States. The actual games were pretty good and had very few problems, but the Americanisation of the sport and desire to extract as much money from fans as possible was a significant blemish on the showpiece.
Gianni Infantino's FIFA presidency is on life support after his abandoned attempt to sell a stake of the World Cup to private equity draws international outrage.
UPDATED: All 55 UEFA member associations have voted to boycott FIFA soccer competitions – including the men’s and women’s World Cups and the Club World Cup – if FIFA president Gianni Infantino’s proposal to sell stakes in its competitions to private investors is approved by member associations,
FIFA president Gianni Infantino's ploy to sell stakes in the World Cup to private investors has angered another significant party. Carlos Cordeiro, one of Infantino's top advisers, resigned from his position at FIFA over Infantino's proposal.