The Hindu·4 min read·medium

​FIFA foul: On the shelved FIFA Forward Enterprise

​FIFA foul: On the shelved FIFA Forward Enterprise
AI Summary

FIFA has abandoned its controversial 'FIFA Forward Enterprise' plan, which aimed to consolidate revenue operations and invite private investment. The proposal faced intense backlash from member associations and UEFA, significantly damaging President Gianni Infantino's reputation and re-election prospects.

The collapse of FIFA’s controversial plan that would have helped private investors benefit from the World Cup and other flagship competitions represents the latest hit to the global body’s reputation. In the aftermath of the 2026 World Cup, FIFA president Gianni Infantino hurriedly put together strategies to form the FIFA Forward Enterprise (FFE) to consolidate all revenue-generating operations, and invite private bodies to hold non-controlling stakes in the body. But this elicited enormous backlash from a number of FIFA’s 211 member associations, with European governing body UEFA even declaring that its 55 members would boycott the World Cup. Europe is football’s nerve-centre, and with the Asian Football Confederation and players’ union FIFPRO also expressing apprehensions, and one of Mr. Infantino’s senior advisers quitting in protest, the scheme was a non-starter. The episode has also reduced Mr. Infantino’s standing, especially after the controversy-ridden World Cup, where political interference by the U.S. — one of the co-hosts — and rampant commercialisation severely diminished ‘the beautiful game’. The now-shelved FFE was to be backed by a venture capitalist with familial ties to U.S. President Donald Trump, making the whole deal all the more suspect. The 2027 FIFA election, where Mr. Infantino was expected to be re-elected for a third full term, is no longer a cake-walk.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
sportsbusinesspolitics

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in