CONCACAF calls for 'full review' of FIFA leadership
Concacaf said the withdrawal shows FIFA needs stronger accountability after the plan drew backlash from member confederations and staff who said it lacked transparency.
- On Saturday, FIFA President Gianni Infantino abandoned his $20 billion FIFA Forward Enterprise plan after mounting international backlash, which would have sold a 20% stake in FIFA commercial businesses to private investors.
- Introduced on Tuesday, the project faced stiff resistance from UEFA and the Asian Football Confederation, who cited concerns over 'secret schemes' and governance risks to the sport's future.
- FIFA senior adviser Carlos Cordeiro resigned Friday, stating 'I cannot stand by while FIFA considers selling a stake in the World Cup,' while FIFA chief operating officer Kevin Lamour called it 'the project of one person.'
- Concacaf rejected the plan on Thursday, demanding accountability and insisting that 'the game will remain where it belongs: in the hands of football—not a single individual,' rather than controlled by any one leader.
- As the March presidential election approaches, pressure for a 'comprehensive reckoning' of Infantino's presidency grows, with reports suggesting Concacaf president Victor Montagliani may challenge him for one final four-year term allowed under FIFA statutes.
63 Articles
63 Articles
(Berlin=Yonhap News) Correspondent Kim Gye-yeon = FIFA President Gianni Infantino, seeking a fourth consecutive term, faces a backlash over the controversy surrounding the establishment of a 'World Cup subsidiary'...
Infantino's $20 billion FIFA plan collapses and now he faces a European mutiny over the future of the World Cup
Gianni Infantino truly looked the “King of Soccer,” as U.S. President Donald Trump likes to call him, as the two allies sat together watching the World Cup final less than two weeks ago. Sure, there were some boos inside Stadium near New York, when the two men walked across the turf to present the trophy and medals […]
FIFA President Gianni Infantino pushed ahead with the sale of a 28 trillion won stake in the World Cup business but withdrew the plan due to opposition from major federations. In response, the European and North and Central American Football Confederations strongly criticized the FIFA leadership, raising questions about its credibility. This led to the resignation of an internal senior advisor, significantly shaking President Infantino's positio…
FIFA's idea of selling World Cup shares is said to have been a one-man project. Not even Swedish Secretary General Mattias Grafström is said to have known about the plans. In addition, his relationship with Gianni Infantino is said to have deteriorated, according to The Athletic.
FIFA President Gianni Infantino hid his now-scrapped World Cup plans from his Swedish secretary general Mattias Grafström, sources tell The Athletic.
Gianni Infantino’s proposed salary revealed in scrapped FIFA World Cup privatization plan
FIFA President Gianni Infantino was forced to abandon his “FIFA Forward Enterprise” project, a divestment plan for the World Cup which would have yielded a major windfall for Infantino....
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