Carlos Cordeiro quits as FIFA adviser

sportsJul 31, 2026423,891

Carlos Cordeiro resigned with immediate effect as senior adviser to FIFA president Gianni Infantino in protest at proposals to sell a stake in the World Cup. Cordeiro, a former president of the U.S. soccer federation who has worked for FIFA since 2021, said in a statement that he had no involvement in the plan and that he opposed it unequivocally, calling the proposal "a bad deal for FIFA's Member Associations, a bad deal for football and a bad deal for the long-term future of the game." Cordeiro has represented FIFA on the White House taskforce for the 2026 World Cup and is a former partner at Goldman Sachs, a background noted in reports about his experience with investment deals. FIFA says the proposed sale of part of its commercial rights could raise a billion-dollar sum; several confederations including UEFA have already warned they would boycott FIFA competitions if the plan proceeds. Reports say FIFA set a deadline of 19 September for members to approve the investor deal and that rejection by further continental federations would leave Infantino without a majority for the proposal. Cordeiro's departure removes a close confidant from Infantino's team amid mounting federation resistance to the investor plan.

MeidasTouch

@meidastouch.com

🚨 BREAKING: Carlos Cordeiro, FIFA’s adviser to the White House Task Force for the World Cup, has RESIGNED in protest over FIFA’s controversial plan to sell stakes in the tournament to private investors led by Josh Kushner.

235245d ago

One Who Waits91

Gosh, it's almost like EVERYTHING Trump touches just turns to absolute shit.

KUNA40

this but also - the worst part is FIFA's been corrupt for decades, and now they're just making it official

pink2233.bsky.social21

Im 56 whole years old and I have never ever in my entire life seen anything like this happen from a sitting president and his extended family and to top it off, noone is doing anything and I mean anything about it. This bish and his family feel unstoppable invincible and all-around powerful. This

Deadcoco18

When you think about it Trump is like Satan he tempts people to go even further with their corruption or into corruption when they would have never even thought about it he corrupts everything he touches everything he does

weegieman.bsky.social16

The Trumps ruin everything they touch!

Alderamin11

Won‘t happen. The European Football Association UEFA has just announced to boycott future FIFA World Cups if Infantino implements his plans. A world cup without Spain, France, England, Italy, Germany etc will be no „world“ cup. I wish some politicians had that much spine to confront corruption. 💪

Quoting this

Matt Leeds5

The Kushners Are All Criminals Jared is owned by the Saudis for $2B. He is trying to steal an Albanian Island He’s being Investigated By The House Judiciary/Oversight & the Senate His Handlers Are MBS & Netanyahu He is an International Criminal,& Future Prison Inmate youtube.com/shorts/CGOQQ...

Dorcas E5

Everything is for sale and highest bidder is Trump family.

Sarcastic Viking4

OH WHAT A SURPRISE A KUSHNER HAD A HAND IN THIS!?!?!

Bill199713

FIFA IS another organization that needs blowing up. Europe is not going to participate in any of their tournaments. Also South America was pissed about FIFA ignoring Mexico as a host in conjunction with Canada and usa.

Thornus Animator2

Haha. It’s officially dead. Couldn’t happen to a nicer bunch of bandits

Belvedere2

Well done! Not only he resigns, but also trashes the plan👍

Mark Chadbourn

@chadbourn.bsky.social

Infantino's senior adviser Carlos Cordeiro, a former investment banker, quits in protest at World Cup sell-off.

34345d ago

Mark Chadbourn140

Statement from the Asian Football Confederation. Stake through the heart of Trump and Infantino’s grift.

Grizzled Shopkeep15

What if Infantino gives himself a FIFA Prize in High Finance, would that help

BrianB13

Remember, everyone who comes into contact with Trump ends up like this. Sychofantino deserves this.

Charley Norbury 🇪🇺🇬🇧🇪🇺12

If it's too distasteful for an investment banker, it's really rancid. Is it not more likely he's quitting because he doesn't think the grift will work, rather than having moral problems with it?

Julie Wash12

When you lose the investment bankers….

Tropical Vatnikbonker 🇸🇪🇫🇮🇪🇺9

Rats jumping ship. Infantino's crime empire seems to have reached its peak about two weeks ago. It can be a bumpy ride from now on.

Quoting this

Citizen Snippy △13

It's just all getting too greedy and problematic for the former Goldman Sachs partner who chose to work at an infamously corrupt sports body

Alan Stedman9

I would say the rats are leaving the ship but of course what's is actually happening is the King Rat is still in charge - at least for the moment

Olli Rajala5

Kappas. Futissekoilu saa uusia kierteitä.

Dag.4

So corrupt that investment bankers tap out. That's quite impressive (derogatory).

arseblog

@arseblog.com

Carlos Cordeiro, Senior Advisor to Gianni Infantino quits, and urges other 'principled' people in FIFA to speak out against the sell-off plan. He also lays bare how unnecessary it is. 'The organisation sits on billions of dollars of reserves ...' 💵💵💵

As a Senior Advisor to the FIFA President, a former banker, and a lifelong football fan, I cannot stand by while FIFA considers selling a stake in the World Cup.
Let me be clear: I had no involvement in this proposal, and I oppose it unequivocally. It is a bad deal for FIFA's Member Associations, a bad deal for football, and a bad deal for the long-term future of the game.
Football has been central to my life, and after more than 35 years in banking, I understand both the value of this asset and the consequences of giving part of it away. That is why this proposal should be rejected.
FIFA already has access to extraordinary financial resources. The organization sits on billions of dollars in reserves and no debt. The FIFA President himself has highlighted the $15 billion in revenue generated between 2022 and 2026. If Member Associations believe additional investment is needed to develop the game, FIFA already has the financial capacity to provide that support from its existing resources. Against that backdrop, selling a permanent stake in football's most valuable asset to raise $4.2 billion makes little sense. It is mortgaging football's future without any compelling justification.

Most troubling of all is the absence of answers to fundamental questions. Why this deal? Why now? What oversight exists? Who benefits? Was there a competitive process? What governance will be in place? What will investors ultimately gain, and at what cost to football?

After careful consideration, I can no longer continue in my role as Senior Advisor to the FIFA President. I have therefore resigned with immediate effect.

It has been the privilege of a lifetime to serve FIFA for more than five years & to work alongside dedicated, principled people who care deeply about the game. I hope they, too, will speak up, because decisions of this magnitude should be made in the interests of football, not those who stand to profit from it.

35345d ago

Andrew Thompson7

People have beaten me to it… Wenger tarnishes his Arsenal legacy by this complicity with Infantino’s bullshit.

Joseph Steyne6

What the fuck is Arsene (not) doing??

Docker5

Arsene? Arsene ? Allo? Ou es-tu?

From the Other Side of the Mirror2

He nails it....."Most troubling of all is the absence of answers to fundamental questions. Why this deal? Why now? What oversight exists? Who benefits? Was there a competitive process? What governance will be in place? What will investors ultimately gain, and at what cost to football?"

Mikel's Midfield Club2

If "lifelong football fan" Carlos Cordeiro thought FIFA was honky dory up until yesterday and now decides to write all this he's probably not much less of a gangster than Infantino, just a bit smarter. Time to jump ship.

Rich1

At least one person at FIFA reads Arseblog 😉

Quoting this

Quasiland 🇬🇱🇨🇦3

This escalates quickly and hopefully it is the end of Gianni Corruptino

MB Brown2

FIFA, more corruption, more controversy. And at least one person with principles is standing up, speaking out.

Olga Nesterova

@onestpress.onestnetwork.com

Reuters: Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, resigned with immediate effect on Friday in protest at proposals to sell a stake in the World Cup, calling the plan "a bad deal for football".

20545d ago

Olga Nesterova37

As to infantino staying, insiders say his position is weak, but he is a fighter and know where “the bodies lie” as well.

Glenn2

Everything Trump touches dies. What is the opposite of the Midas touch?

Putin, the Funking Barsteward2

Someone there has some morals or ethics. Few and far between, methinks in that organisation.

European Citizen1

When public leaders normalize conflicts of interest, nepotism and corruption in the pursuit of power or money, they teach everyone below them that anything goes. Impunity at the top doesn’t stay at the top. It becomes the standard.

Boulder Colorado Veteran1

The rats are fleeing the ship. and posturing for leadership positions with the inevitable new regime.

paulpro

@mariopro.bsky.social

FIFA is facing a historic boycott threat from European soccer's UEFA after announcing a $20 billion commercial privatization plan led by Joshua Kushner, brother of Trump’s son-in-law Jared Kushner Carlos Cordeiro resigned from his position Friday in protest art by Siri Dokken

17345d ago

Marc Riggsbee3

FIFA cannot survive with Infantino.

Mr serious 🏴󠁧󠁢󠁥󠁮󠁧󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿🐸1

Get rid of FIFA, get rid of Infantino - At least one of those.

Sam Kunti

@samindrakunti.bsky.social

Carlos Cordeiro has resigned. Senior advisor to Infantino. Ex banker and Infantino's connection to the financial world. Said he had no involvement in the Kushner proposal.

5845d ago

Daniel2

Rats fleeing a sinking ship. This guy has enabled Infantino & now all of a sudden he is doing whats best for the game because thats all he cares about?

Fien Leterme1

Game, set and match. No more Gianni.

Quoting this

Pål Ødegård7

The Icarus moment has arrived for Gianni Infantino? It certainly looks like it

Nicole Selmer6

I like the point that FIFA already has a lot of money, it's such a good counterpoint to the ideas of permanent growth and greed that is (literally) killing us. It's the end for Gianni though.

Eric Barnes5

That the FIFA desire to raise more cash through selling part ownership of the World Cup came from Jared Kushner is the least surprising aspect of all of this.

Danny Page4

I‘ll bring up Michael Clayton again: THIS IS THE GUY YOU BUY. Infantino and Kushner got so high on their own supply (or realized something would happen soon…) so they rushed the whole thing. They are done

Bassman3

You know you've fucked up when every statement is dunking on you

Mike McGrew2

Also: "after 35 years in banking, I understand the value of this asset"... ...except when I failed to understand the value of women in soccer. I did this, ironically, at THE EXACT MOMENT when the valuation of women's soccer started to shoot up like a rocket ship.

Douglas Reyes-Ceron

@dreyesceron.bsky.social

how fucked up is your dumb scheme when CARLOS CORDEIRO has to resign

5745d ago

Rev Peter W Nimmo

@peternimmo.bsky.social

'“I cannot stand by while FIFA considers selling a stake in the World Cup,” Cordeiro, a former Goldman Sachs banker, said in a statement resigning as adviser to FIFA President Gianni Infantino'. Well, if he doesn't like it...!

2845d ago

Quoting this

timoconnorbl.bsky.social3

Of which year, asks experience. However: we now have an escalation of your original post. When *Goldman Sachs* are the goodies, etc. bsky.app/profile/pete...

Philippe Auclair

@philippeauclair.bsky.social

"Is Gianni toast?" is the question I ask in my French column for Eurosport, written in a daze as statement was following statement and Carlos Cordeiro announced he'd seen enough of Fifa and slammed the door on his way out.

4345d ago

Tariq Panja

@tariqpanja.bsky.social

Some colour on Carlos Cordeiro is probably important given his impassioned statement. This is not a football person steeped in the game as he has framed it here. He is someone who was attracted to the game later in life having become extremely wealthy at Goldman’s and wanting something to do.

3245d ago

Laura Phillips

@lauraphillips.bsky.social

@martynziegler.bsky.social: BREAKING: Infantino's senior advisor QUITS over World Cup plan

Statement on behalf of Carlos Cordeiro
As a Senior Advisor to the FIFA President, a former banker, and a lifelong football fan, I cannot stand by while FIFA considers selling a stake in the World Cup.
Let me be clear: I had no involvement in this proposal, and I oppose it unequivocally. It is a bad deal for FIFA's Member Associations, a bad deal for football, and a bad deal for the long-term future of the game.
Football has been central to my life, and after more than 35 years in banking, I understand both the value of this asset and the consequences of giving part of it away. That is why this proposal should be rejected.
FIFA already has access to extraordinary financial resources. The organization sits on billions of dollars in reserves and no debt. The FIFA President himself has highlighted the $15 billion in revenue generated between 2022 and
2026. If Member Associations believe additional investment is needed to develop the game, FIFA already has the financial capacity to provide that .....

2145d ago

Quoting this

Adam Powley7

One other good thing that might emerge from this clusterfifafuk are broader questions about its whole composition and purpose. Why, for an example, does an organising body that is registered as a non-profit organisation sit on billions of dollars?

Sue4

Good news but found a spine after UEFA's statement.

smtm_LFC1975

@smtmlfc.bsky.social

Carlos #Cordeiro Senior Advisor to Gianni Infantino: Have a read of this. 😯 #FIFA

2245d ago

Sean1

Wow what a resignation letter

Quoting this

smtm_LFC19754

This is supposedly Infantino's closest spad & #2. And he says this: "Let me be ⁠clear: I ⁠had no involvement in this proposal, ⁠and I oppose it unequivocally. It ⁠is a bad deal for ⁠FIFA's Member Associations, a bad deal for football, and ⁠a bad deal for the ⁠long-term ⁠future of the game." Ooof.

Kat 🕊️

@smith83k.bsky.social

FIFA adviser on White House's World Cup panel resigns to protest Infantino private equity plan apnews.com/article/cord...

1545d ago

HuffPost

@huffpost.com

"I had no involvement in this proposal, and I oppose it unequivocally," Carlos Cordeiro said in a statement.

1145d ago

Nolan Principles Matter. End the #GazaGenocide💔💙

@philildo.bsky.social

Good to see someone with a backbone in FIFA: Cordeiro, who has resigned, said he had no involvement in the proposal. "Most troubling of all is the absence of answers to fundamental questions," he added. "Why this deal? Why now? What oversight exists? Who benefits?" he wrote.

1745d ago

3 sources

thetimes.comGianni Infantino’s senior adviser quits as pressure mounts on Fifa president aljazeera.comInfantino’s senior adviser resigns over ‘bad’ FIFA World Cup plan reuters.comInfantino's senior advisor Cordeiro resigns following proposal to sell FIFA stake

FIFA scraps controversial World Cup investment plansports Carlos Cordeiro quits as FIFA advisersports Tony Romo on leave from CBS Sports after OWI arrestsports AFC joins UEFA and Concacaf in opposing FIFA World Cup stake plansports

Carlos Cordeiro quits as FIFA adviser

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