Yahoo Sports·3 min read·medium
FIFA scraps controversial $20 billion World Cup investment plan
J
Jacob Lev, Patrick Sung Cuadrado, CNN
✦AI Summary
FIFA has officially scrapped a controversial $20 billion plan to sell private equity stakes in its World Cup tournaments following widespread backlash from fans and regional soccer governing bodies. President Gianni Infantino stated the decision was made to prioritize the unity of the sport.
FIFA's proposed plan to sell private stakes in upcoming World Cup tournaments that sparked backlash from fans and soccer associations around the world has been scrapped, FIFA president Gianni Infantino said in a statement Friday.
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