In a major U-turn, FIFA President Gianni Infantino has abandoned his highly contentious proposal to sell a stake in the World Cup, sparking widespread relief among soccer fans and governing bodies worldwide. The plan, which aimed to raise billions of dollars by allowing private investors to purchase a share of the tournament, had been met with fierce criticism and opposition from governments, international organizations, and even some FIFA members. Critics argued that the move would compromise the integrity and independence of the world's most prestigious sporting event, potentially leading to conflicts of interest and commercialization. By scrapping the plan, Infantino has likely averted a major crisis for the soccer governing body and may have saved the World Cup from a potentially disastrous transformation.
FIFA’s Gianni Infantino has scrapped his controversial plan to sell a stake in the World Cup after global outrage.
