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FIFA Scraps Controversial World Cup Investment Plan After Backlash

FIFA has cancelled its controversial plan to sell stakes in the World Cup to a private investment group, following widespread outrage and threats of a boycott. The decision was announced by FIFA President Gianni Infantino, who had initially proposed the $20 billion investment scheme.

31 Jul, 23:42 — 31 Jul, 23:55
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7 sources33/33
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The Independent
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Left (4)
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myjoyonlineFT
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Sources

Showing 7 of 7 sources
BBCHigh1h ago

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.

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FTVery High1h ago

Fifa backs down from controversial $20bn investment plan

Gianni Infantino says it was ‘clear’ the project created divisions that are no longer in the interest of the body’s initial objective

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Al JazeeraMostly Factual1h ago

FIFA scrap controversial World Cup private investment plan

FIFA and its President Gianni Infantino faced fierce backlash from across football to plans to sell stake in World Cup.

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abc-australiaHigh1h ago

Breaking: FIFA scraps World Cup sell-off plans

FIFA has scrapped plans to sell a stake in the World Cup after the move caused a major backlash.

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The IndependentMostly Factual1h ago

Fifa scraps plan to sell World Cup stakes after boycott threat and widespread backlash

Fifa president Gianni Infantino is facing considerable pressure after his controversial plan collapsed

By Miguel Delaney

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YahooMostly Factual1h ago

Gianni Infantino cancels World Cup private investment proposal FFE after worldwide outrage

FIFA president Gianni Infantino has announced that he's withdrawn his controversial FIFA Forward Enterprise plan to bring private investment into the World Cup after worldwide consternation and significant protest.

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myjoyonlineMixed1h ago

Fifa scraps controversial World Cup investment plan

FIFA president Gianni Infantino says he has scrapped the controversial plan to sell off stakes in the governing body’s major competitions, following widespread opposition. Infantino said it had become clear the project had “created divisions” that are “no longer in the interest” of its original objective. The Swiss added: “As a result, this proposal will […]

By Ebenezer Afanyi Dadzie

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