FIFA abandons World Cup private equity 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.
FIFA President Gianni Infantino's World Cup privatization plan faced backlash from UEFA, CONCACAF, Asian Football Confederation, and within FIFA.
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.
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