Fifa scraps proposal to sell off stakes in World Cup after widespread backlash

Gianni ⁠Infantino issues statement on controversial plan ‘This proposal will not proceed,’ confirms Fifa president Fifa president Gianni ⁠Infantino has said world ⁠football’s ⁠governing body ​has scrapped plans to ⁠sell a stake in the World ⁠Cup to private ​investors ‌after widespread ‌backlash. “Having listened carefully ‌to all the views, it has become clear that the project has ‌created divisions of a nature that, ​regardless of the level of support, are no longer ⁠in the interest ​of ​t...

By Reuters

FIFA chief Infantino abandons World Cup sell-off plans after backlash

UEFA had threatened to boycott FIFA tournaments, including the World Cup, unless Gianni Infantino withdrew his plans to sell stakes in FIFA competitions to private equity investors.

Fifa scraps controversial World Cup investment plan

Football's world governing body abandons plans to sell off stakes in its major competitions after widespread opposition to president Gianni Infantino's idea.

JUST IN: FIFA drops plan to sell World Cup stake after boycott threat

FIFA abandons its controversial plan to sell stakes in the FIFA World Cup and other competitions after widespread opposition and boycott threats. Read more Read More: https://punchng.com/just-in-fifa-drops-plan-to-sell-world-cup-stake-after-boycott-threat/

By Punch Newspapers

GFA should reject FIFA’s World Cup sale proposal – Eric Alagidede

The former Accra Great Olympics General Manager believes that the proposal could lead to over-commercialisation of football, similar to past issues with FIFA.

By Kweku Lawrence