sports

FIFA Drops Plan to Sell World Cup Stakes Amid Backlash

FIFA president Gianni Infantino announced that the governing body will not proceed with a proposal to sell a stake in the World Cup to private investors after widespread backlash. The decision follows concerns that the plan had caused divisions and was no longer in the sport’s interest.

FIFA president Gianni Infantino confirmed the cancellation of the plan to sell a stake in the World Cup to private investors. The proposal, which had faced criticism from clubs, fans and national associations, was deemed divisive.

Infantino said that after listening to all views, it became clear the project no longer served the objectives of the tournament. FIFA will continue to explore other ways to finance the sport while maintaining its integrity. lebandit.lat