UEFA Responds to FIFA Share Withdrawal
The article discusses FIFA's decision to back away from a plan to sell a stake in the World Cup to private investors, including an American investment firm with connections to Joshua Kushner. This decision has upset the Union of European Football Associations (UEFA), which welcomed FIFA's move and reaffirmed its intention to closely monitor Infantino's future plans. The project to sell a share of FIFA's tournaments, valued at approximately $20 billion, had sparked widespread protests from member countries and various stakeholders, ultimately leading FIFA to abandon the initiative in order to preserve its relationships with partners and football fans.
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