Successfully stopping Gianni Infantino’s FIFA plan to sell World Cup profits to private investors was the first half of a high-stakes game in global soccer politics. The second half kicked off Saturday with what seemed a clear aim of ending Infantino’s decade-long presidency. “No option should be off the table,” said European soccer body UEFA, […]
Arquivos de Tag: investment
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FIFA, world soccer’s governing body, is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations. “Having listened carefully to all the views, it has become clear that the project has created divisions […]
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FIFA official resigns in protest over World Cup investment plan as 3rd governing body rejects privatization
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The pressure is rising on FIFA President Gianni Infantino to ditch a World Cup privatization plan that could draw investments up to $20 billion, but which has drawn widespread condemnation from most of soccer’s worldwide governing bodies. The latest rebukes of the plan came on Friday when a senior adviser to Infantino stepped down in […]
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North American nations reject Infantino’s World Cup investment plan after UEFA’s boycott threat
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North America’s soccer body on Thursday rejected FIFA president Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors, joining European nations in opposition. The 41-member Confederation of North, Central American and Caribbean Association Football held an urgent meeting Thursday after UEFA, the European soccer body, had agreed to boycott the […]