FIFA has abandoned its plan to privatize part of the World Cup after encountering significant opposition from national soccer federations. The decision marks a reversal for President Gianni Infantino, whose proposal faced both internal and external resistance.
The move follows the resignation of senior adviser Carlos Cordeiro, highlighting the tensions within the organization over the investment strategy. The proposal had aimed to bring private investment into the World Cup, but widespread criticism led FIFA to scrap the plan.
Sources: https://en.as.com/soccer/infantino-backs-down-fifa-scraps-world-cup-investment-plan-f202608-n/