Gianni Infantino's senior adviser quits in protest against World Cup plan
Cordeiro said the plan would sell a permanent stake in World Cup revenues for $4.2 billion despite FIFA's billions in reserves.
- Senior Advisor to the FIFA President, Carlos Cordeiro, resigned Friday, protesting Gianni Infantino's plan to sell private stakes in a World Cup company to raise $4.2 billion.
- FIFA aims to create FIFA Forward Enterprise to increase World Cup revenues through private investment. Cordeiro called the initiative a 'bad deal for football' that risks mortgaging the game's future for short-term gains.
- UEFA's 55 member nations unanimously voted Thursday to boycott all FIFA tournaments if the proposal proceeds, stating it represents a 'profound failure of leadership' and an 'abdication of FIFA's duty as the custodian of world football.'
- Concacaf's 41 Member Associations rejected the proposal, while The AFC expressed 'serious concerns' over private influence in FIFA's flagship competitions and decision-making processes.
- Member Associations have 50 days to decide on the proposal, which FIFA continues to defend despite mounting international opposition from all continental confederations.
230 Articles
230 Articles
Criticism of FIFA President Gianni Infantino continues to mount. Executive Board member Kevin Lamour calls the idea to sell World Cup shares 'a one-person project', and his top advisor Carlos Cordeiro also resigned earlier today.
Against the plans of the head of the World Football Association, there is ever greater resistance. Now, the company director of the Fifa expresses himself – and becomes clear.
FIFA President Gianni Infantino's Senior Advisor Carlos Cordeiro announced his immediate resignation on Friday.
Senior FIFA official resigns over Infantino's World Cup sell-off plan, another says staff 'deceived'
Two senior FIFA officials criticized Gianni Infantino's World Cup sell-off plan Friday with one resigning as a presidential adviser and a second saying staff were deceived by a project that must not go ahead.
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