Infantino Replies to UEFA's Concerns

The International Football Federation (FIFA) announced the cancellation of its plan to sell a stake in its tournaments, including the World Cup, to private investors following widespread negative reactions. The original aim was to raise up to $4.2 billion by selling approximately 20% of a new entity managing FIFA's competitions. This decision came after the plan faced strong opposition from the Union of European Football Associations (UEFA) and other organizations, which argued that the proposal threatened to commodify the "spirit" of the sport and jeopardize the unity of the game. FIFA President Gianni Infantino confirmed that the project had caused divisions that altered its original goals, and that it would not be implemented. He emphasized that the primary objective has always been unity and the global betterment of the sport.

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