Asian group supports FIFA's World Cup sale cancellation

FIFA has canceled its plan to sell a stake in the World Cup, which aimed to raise $4.2 billion by selling approximately 20% of the tournament management rights to private investors. The Asian Football Confederation, led by Sheikh Salman bin Ibrahim Al Khalifa, welcomed this decision, emphasizing the need to discuss all future initiatives transparently and in consultation with continental associations and stakeholders. This rejection comes after indications that the proposal was unacceptable and that proper consultation is necessary to ensure the future of global football.

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