FIFA Abandons Controversial World Cup Investment Plan After Widespread Opposition

FIFA President Gianni Infantino has announced the immediate cancellation of a contentious plan to sell stakes in the World Cup and other tournaments to private investors. This decision follows widespread opposition from major football confederations, including Uefa, Concacaf, and the AFC, who found the project divisive and harmful.

The abrupt withdrawal, influenced by internal dissent and the resignation of a senior adviser, places Infantino under significant pressure as he seeks re-election for his fourth term amidst calls for improved governance within FIFA.