Infantino announces the withdrawal of the private investment project at FIFA in the face of criticism

FIFA boss Gianni Infantino announced on Saturday that the plan to open up the organization to private investors is being dropped, after threats of a boycott from UEFA and strong opposition from the Asian and American confederations.

FIFA boss Gianni Infantino announced on Saturday the withdrawal of the plan to open up the association to private investors, facing the threat of a UEFA boycott and the strong opposition of the Asian and American confederations.

“After carefully listening to all points of view, it became clear that the plan has caused divisions (…) that are no longer in the interest of the original goal,” Gianni Infantino said in a statement. “So this proposal will not be pursued.”