Infantino Scraps $4.2 Billion World Cup Stake Sale After UEFA Boycott Threat
FIFA president abandons plan to sell minority equity in tournament profits after European confederation pledges withdrawal and internal dissent mounts.
FIFA President Gianni Infantino formally abandoned the proposal to sell a 20 percent stake in future World Cup profits on Friday, ending a bid to raise $4.2 billion from private capital. The decision came after UEFA pledged that its 55 member associations would boycott all FIFA competitions if the deal proceeded, citing fears that external investors would demand fixture expansion and upset the balance of the global calendar [4]. Infantino stated that the initiative had created divisions that no longer served the organization’s original goals, effectively conceding that the European resistance made the transaction unworkable [7].
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