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  • 13 hours ago
Infantino drops plan to sell World Cup profits after worldwide 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.

READ MORE : http://www.africanews.com/2026/08/01/infantino-drops-plan-to-sell-world-cup-profits-after-worldwide-pushback

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Transcript
00:00FIFA president Gianni Infantino is dropping his divisive plan to sell World Cup profits to private equity after worldwide uproar
00:09against the scheme.
00:11The pushback was led by European football's governing body UEFA, which said it would boycott the tournament if the sell
00:18-off went ahead.
00:19North America's CONCACAF and the Asian Football Confederation also opposed the plan.
00:24On Friday, Infantino's senior advisor resigned and FIFA's chief operating officer came out against the plan.
00:33In a statement on Friday, Infantino said he was abandoning the proposal, but the misstep could prove costly.
00:40Up for re-election in March, Infantino was expected to run unopposed, but that could change ahead of the November
00:48deadline for other candidates to enter the race.
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