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Gianni Infantino scraps plan to sell World Cup stakes

sportsAug 1, 2026669,080

FIFA president Gianni Infantino withdrew a plan to sell stakes in the World Cup to private investors after intense opposition from federations and officials. FIFA said it will not proceed with the proposed equity sale that would have created a commercial vehicle for the tournaments, a reversal announced days after Infantino first floated the idea. FIFA chief operating officer Philippe Lamour said staff had been deceived over the proposal and several members of Infantino’s team resigned in protest. UEFA publicly condemned the proposal and threatened boycotts, CONCACAF formally rejected the sale, and the Asian confederation backed UEFA’s opposition. The U-turn has left Infantino’s leadership under heavy scrutiny, with commentators and some political figures calling for his resignation or a vote of no confidence. FIFA’s decision halts the immediate push to privatize tournament commercial operations and leaves governance questions about future reforms unresolved.

alexjungle.bsky.social
@alexjungle.bsky.social

Big news: UEFA to declare loss of confidence in Gianni Infantino as FIFA president. Statement expected imminently. Drop a follow for updates

548045d ago
Andy Brown
@andybrown1951.bsky.social

The Infant Tino's attempt to steal money from world football have resulted in his utter humiliation. It couldn't happen to a more deserving person and could not be better for football. He must go. www.bbc.co.uk/sport/footba...

181045d ago
The Associated Press
@apnews.com

UEFA says it has lost confidence in FIFA President Gianni Infantino and that “no option should be off the table” as it will pursue a full review of his now abandoned plan to sell stakes of the World Cup to private equity investors.

31745d ago
3 sources