FIFA says it's not moving forward with controversial World Cup sell-off plan
Summary
FIFA announced it will not move forward with a plan to sell stakes in future World Cup tournaments to private investors. The decision came after strong opposition from European and North American soccer groups, threats of boycotts, and the resignation of a senior FIFA adviser.Key Facts
- FIFA President Gianni Infantino said the proposal created divisions and will be dropped.
- The plan involved selling parts of future World Cup events to private investors.
- Carlos Cordeiro, a senior FIFA adviser, resigned in protest and criticized the plan.
- UEFA (Europe’s soccer body) voted to boycott FIFA competitions if the plan continued.
- CONCACAF (North, Central America, and Caribbean soccer group) also opposed the proposal.
- UEFA stated no national teams would play in FIFA competitions if private ownership was allowed.
- FIFA claimed misunderstandings disrupted talks and insisted it never intended to sell football.
- The controversy arose after the 2026 World Cup, the most profitable in history.
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