FIFA cancels World Cup share sale

The International Football Federation (FIFA) has canceled its plan to sell special stakes in its tournaments, including the World Cup, following angry reactions from fans and the Union of European Football Associations (UEFA), which voted to boycott the upcoming tournaments if the plan was implemented. The plan involved creating an independent company to manage commercial rights, aiming to increase funding for national teams and tournaments, while FIFA would maintain full control. The move was part of an effort to generate additional revenue, but resistance and criticism led to its cancellation.

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