Infantino abandons plans to sell World Cup profits to private equity following massive pushback
18, exactly four months ahead of the vote in Rabat, Morocco, where FIFA has its African headquarters
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Summary
18, exactly four months ahead of the vote in Rabat, Morocco, where FIFA has its African headquarters. Reelected unopposed in 2019 and 2023, Infantino is allowed one more four-year term under FIFA statutes. The next FIFA competition is the Women’s Under-20 World Cup starting Sept.
Furthermore, As a result, this proposal will not proceed.” Infantino had proposed creating a $20 billion company to run the World Cup with private investors including the Kushner family, but drew backlash that grew every day since Tuesday's announcement. UEFA’s 55-member nations agreed to boycott the World Cup and all other FIFA competitions over Infantino’s plan on Thursday. North America’s CONCACAF and the Asian Football Confederation also said they opposed the plan. “Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football.
In addition, Uefa, European football's governing body, confirmed it would boycott Fifa competitions if the plan was approved.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
18, exactly four months ahead of the vote in Rabat, Morocco, where FIFA has its African headquarters.
reliability low1/3 sourcesReelected unopposed in 2019 and 2023, Infantino is allowed one more four-year term under FIFA statutes.
reliability low1/3 sourcesThe next FIFA competition is the Women’s Under-20 World Cup starting Sept.
reliability low1/3 sourcesAs a result, this proposal will not proceed.” Infantino had proposed creating a $20 billion company to run the World Cup with private investors including the Kushner family, but drew backlash that grew every day since Tuesday's announcement.
reliability low1/3 sourcesUEFA’s 55-member nations agreed to boycott the World Cup and all other FIFA competitions over Infantino’s plan on Thursday.
reliability low1/3 sourcesNorth America’s CONCACAF and the Asian Football Confederation also said they opposed the plan. “Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football.
reliability low1/3 sources
Reported detailssecondary facts, each attributed to its source
Uefa, European football's governing body, confirmed it would boycott Fifa competitions if the plan was approved.
according to The Independent
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