FIFA faces fresh transparency calls after retreat on World Cup sell-off plan
FIFA scrapped the plan after confederations said they were blindsided by a $4.2 billion stake sale to private investors.
- On Saturday, FIFA abandoned plans to sell a 20% stake in a new World Cup unit intended to raise up to $4.2 billion from private investors following severe pushback from regional confederations.
- Regional confederations, including the AFC, immediately opposed the proposal announced on Tuesday, reporting they were blindsided by a plan that could transform world football's commercial structure.
- Asian Football Confederation President Sheikh Salman bin Ebrahim Al-Khalifa criticized the process on Thursday, calling the proposal 'totally unacceptable' in a letter to member associations representing Asia, the Middle East, and Australia.
- FIFA President Gianni Infantino officially walked back the plans, stating the governing body listened 'carefully to all the views' to address confederation concerns regarding sport governance.
- The controversy complicates Infantino's re-election bid for a fourth term, intensifying demands for greater oversight of decisions regarding world football's commercial future and governance structures.
37 Articles
37 Articles
The criticism of the president of the FIFA World Football Association, Infantino, continues even after the end for his World Cup investor plans. The head of the Spanish League, Tebas, demanded Infantino's resignation.
The withdrawal of the proposal to privatize the World Cup is not enough for the president of LaLiga
Infantino backlash grows as UEFA, Concacaf demand FIFA reckoning
The rapid unraveling of FIFA President Gianni Infantino’s plan to privatize the football governing body’s commercial business has left his future in growing doubt, after two key regional associations demanded a reckoning for his leadership.
Javier Tebas charged FIFA hard on Saturday night and called for Infantinoa's resignation through a long message on his social networks: "It must not continue." The president of the League believes that, after withdrawing his proposal to privatize his competitions, "the tip of the iceberg", it does not solve "the problem ... Continue reading "Thebes charges against FIFA and calls for Infantino's resignation: "World football needs a new leadership…
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