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Infantino stops plan for private investors
FIFA President Gianni Infantino has withdrawn his plan to open the football organization to private sector investors after widespread criticism and concerns about turning football into a commodity. The decision was driven by divisions over the project's purpose and potential conflicts of interest. Infantino had intended to establish a company called "FIFA Forward Enterprise" to manage major commercial activities, but collective rejection led him to abandon the proposal. this occurred at a time when FIFA is facing criticism over a plan to increase funding for football development to $10 billion over four years, with worries about how this might affect the nature of competitions. Leaders from Asia and Mexico called for greater transparency and dialogue when similar initiatives are proposed in the future.
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