Fifa's U-Turn on Major Competition Stakes Sale In a surprise move, football's world governing body Fifa has scrapped plans to sell off stakes in its major competitions, a decision that comes after a fierce backlash from fans, players, and member associations. The proposal, put forward by President Gianni Infantino, aimed to raise billions of dollars through the sale of stakes in tournaments such as the World Cup and the Champions League. However, the plan was met with widespread opposition, with critics arguing that it would lead to a loss of control and a watering down of the sport's values. The sudden about-face is a significant victory for those who had been vocal in their opposition to the proposal, but it remains to be seen what other changes lie ahead for Fifa.
Football's world governing body Fifa abandons plans to sell off stakes in its major competitions after widespread opposition to president Gianni Infantino's proposal.
