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Infantino comments on World Cup sale failure
FIFA President Gianni Infantino announced that FIFA has withdrawn from the plan to sell stakes in the World Cup rights, following strong opposition from national associations that led to divisions within the global football community. The project, valued at around $20 billion, aimed to create a new company to manage the World Cup and several international competitions, with an offer of more than 20% of shares to private sector investors. However, it was halted due to widespread rejection and its focus on serving the interests of associations and sports. The organization will now concentrate on strengthening cooperation with stakeholders and developing football, especially in countries that require additional support.
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