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FIFA President Gianni Infantino has withdrawn the plan to open the football authority to the private sector after widespread opposition from the European Union and concerns about turning football into a commercial commodity. The European Union viewed the project as a threat to the unity of the game and warned that it could lead to reduced transparency. The aim of the project was to increase funding for football development to $10 billion over four years through the creation of a company to attract private investment. However, the proposal faced criticism over the sale and investment strategy, with European, Asian, North American, and Caribbean federations protesting. Other federations expressed less intense opposition and called for greater transparency and discussion before any future steps. Some parties argued that FIFA does not need additional resources and considered the project a threat to the integrity and sustainability of the sport.
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