FIFA World Cup plan fallout: AFC reacts as Infantino scraps investment push
Summary
FIFA decided not to go ahead with its plan to sell part of the World Cup to private investors after strong opposition from regional football groups, including the Asian Football Confederation (AFC). The AFC president stressed the importance of discussing any major decisions about global football in an open and timely way with all stakeholders.Key Facts
- FIFA planned to raise $4.2 billion by selling about 20% of a new unit that would manage FIFA events like the World Cup.
- The plan was announced on a Tuesday and quickly faced criticism from regional football groups, including the AFC.
- FIFA President Gianni Infantino canceled the investment plan following the backlash.
- AFC President Sheikh Salman said such important plans should be shared and discussed with all football organizations involved.
- Sheikh Salman called the way FIFA made the proposal "totally unacceptable."
- The AFC runs football competitions in Asia, the Middle East, and Australia.
- Sheikh Salman wants future football decisions to be made through consultation and respect for football's governance rules.
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