Yahoo Sports·3 min read·medium
FIFA, Gianni Infantino scrap plan to sell investment stake in World Cup
K
Kari Anderson
✦AI Summary
FIFA has officially abandoned plans to sell private investment stakes in the World Cup following widespread backlash from member confederations. President Gianni Infantino stated that the proposal caused too much division to be viable.
FIFA is not moving forward with a controversial plan to allow private investors to purchase a stake in the World Cup, according to a statement from FIFA president Gianni Infantino released by the organization on Friday.
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