RTE.ie·3 min read·medium
FIFA scrap plans for private investment into World Cup
R
RTÉ Sport
✦AI Summary
FIFA president Gianni Infantino has announced that plans to sell stakes in a company managing commercial aspects of the World Cup have been scrapped. The proposal faced significant backlash from continental confederations and threats of boycotts.
FIFA "will not proceed" with plans to sell stakes in a company which would run the commercial and operational aspects of its competitions, a statement from president Gianni Infantino said.
sportsbusiness
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