FIFA scraps World Cup sell-off plan after fierce backlash, pressure intensifies on Infantino
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...
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Summary
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. Moving forward, my intent is to bring all interested parties back together in the coming days and weeks in the spirit of shared interest in our game, and with the objective to continue growing football everywhere, particularly in those countries that mostly need our support," the FIFA president added. FIFA estimated that the mechanism could generate $4.2 billion.
Furthermore, The plan envisaged the creation of a commercial subsidiary, FIFA Forward Enterprise, which would control major FIFA men’s and women’s competitions. UEFA leads opposition to FIFA plan European soccer's governing body, UEFA, has led the widespread opposition to the proposal, accusing FIFA of putting the sport's "soul" up for sale. UEFA, Concacaf and the AFC combined have 143 associations, well over half of FIFA's 211 members.
In addition, 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. 5 in Poland — which UEFA members said they would boycott. Despite Fifa hitting back in a statement that insisted "nobody is selling football", the sport's world governing body ultimately backed down.
Moreover, Fifa president Gianni Infantino proposed the controversial plan in July, declaring that a vote would determine whether or not it would go ahead, but there was anger and concern from many voices in the footballing world.
Cross-referenced from 6 sources.
Factual coreconfirmed by several independent voices
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.
reliability low1/3 sourcesMoving forward, my intent is to bring all interested parties back together in the coming days and weeks in the spirit of shared interest in our game, and with the objective to continue growing football everywhere, particularly in those countries that mostly need our support," the FIFA president added.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
FIFA estimated that the mechanism could generate $4.2 billion.
according to TASSThe plan envisaged the creation of a commercial subsidiary, FIFA Forward Enterprise, which would control major FIFA men’s and women’s competitions.
according to TASSUEFA leads opposition to FIFA plan European soccer's governing body, UEFA, has led the widespread opposition to the proposal, accusing FIFA of putting the sport's "soul" up for sale.
according to The Sydney Morning Herald - Top Stories +2UEFA, Concacaf and the AFC combined have 143 associations, well over half of FIFA's 211 members.
according to The Sydney Morning Herald - Top Stories +1As 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.
according to The Korea Herald +15 in Poland — which UEFA members said they would boycott.
according to The Korea Herald +1Despite Fifa hitting back in a statement that insisted "nobody is selling football", the sport's world governing body ultimately backed down.
according to The IndependentFifa president Gianni Infantino proposed the controversial plan in July, declaring that a vote would determine whether or not it would go ahead, but there was anger and concern from many voices in the footballing world.
according to The Independent
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And so long as Europe has a voice, it will never be for sale." Infantino's senior adviser, Carlos Cordeiro, a former Goldman Sachs banker…
omitted byPublic / Agenciescovered byLeft sideCenterOn Friday, FIFA said it would not go ahead with the plan without the support of the majority of its member associations. "These principles…
omitted byCentercovered byLeft sidePublic / AgenciesMoving forward, my intent is to bring all interested parties back together in the coming days and weeks in the spirit of shared interest in…
omitted byCentercovered byLeft sidePublic / Agencies
