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FIFA Scraps World Cup Investment Plan After Backlash

FIFA has abandoned a plan to bring private investors into a new commercial venture tied to the World Cup following widespread opposition from member nations. UEFA said it had lost confidence in FIFA's leadership under President Gianni Infantino, calling the current leadership's standing damaged across the football family.

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Fifa scraps controversial World Cup investment plan BBC Sport
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Football's world governing body abandons plans to sell off stakes in its major competitions after widespread opposition to president Gianni Infantino's idea.

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Source reports

Fifa scraps controversial World Cup investment planBBC Sport
BBC

Fifa scraps controversial World Cup investment plan

Football's world governing body abandons plans to sell off stakes in its major competitions after widespread opposition to president Gianni Infantino's idea.

Sport
TIME

FIFA’s Infantino Scraps World Cup Investment Plan. But Is It Too Little, Too Late?

UEFA said Saturday it had lost confidence in FIFA's leadership despite President Gianni Infantino's decision to abandon his plan to invite private investors into a new commercial venture tied to the World Cup.

Sport
Euronews

FIFA bins controversial private investment plan after backlash

"The current FIFA leadership has not only lost UEFA’s confidence but also that of many other members of the football family," UEFA said in a statement responding to FIFA's announcement.

Sport
CBS

FIFA scraps its World Cup investment plan after backlash

FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.