FIFA Scraps World Cup Sell-Off Plan
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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
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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 issued a statement on Friday saying that the divisions caused by the proposal are “no longer in the interest of the objective set out in the first place.
FIFA President Gianni Infantino's World Cup privatization plan faced backlash from UEFA, CONCACAF, Asian Football Confederation, and within FIFA.
Three confederations were hard against the idea. The other three didn't exactly voice support either.
MORRISTOWN, N.J. — Though the World Cup only just reached the rearview mirror, the soccer world is already speeding toward the new European club season. Brenden Aaronson is proof. After taking the three-week break that FIFA’s rules allow for players after major tournaments,
Say farewell to Golden Boot winner Kylian Mbappe, player of the tournament Rodri and household names such as Erling Haaland, Jude Bellingham and Lamine Yamal. It would amount to a spectacular act of asset stripping.
FIFA have abandoned plans to sell a minority stake in its commercial business after serious opposition from the global football community and the withdrawal of key investors (New York Post).It is a