Infantino Withdraws World Cup Equity Plan After UEFA Boycott Threat
FIFA president abandons $4.2 billion investor proposal on Saturday after European body pledges to skip all competitions over fixture congestion fears.
FIFA President Gianni Infantino announced on Saturday from the organization’s headquarters in Switzerland that he was abandoning a plan to sell equity stakes in future World Cup profits to private investors. The retraction came hours after UEFA vowed to boycott all FIFA competitions until the proposal was withdrawn, citing concerns that outside capital would force an expansion of the match calendar and destabilize the global game [1][3].
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