Infantino admits defeat, scraps the World Cup sale project
Gianni Infantino’s position as FIFA president has been seriously undermined after his plan to sell part of the organization’s commercial business to private investors sparked resistance from confederations and national associations, threats of a boycott, and open rebellion among some of his closest allies. The crisis began after the unveiling of the FIFA Forward Enterprise project, under which private investors would acquire a stake in the commercial rights associated with FIFA’s most valuable competitions, including the FIFA World Cup. The proposal, however, ultimately collapsed, with reason prevailing over what critics viewed as the greed of a select few. Until the very end,FIFA’s explanation and Mexico’s ’betrayal’Infantino insisted that the deal would generate additional revenue for the development of football, but opponents demanded answers about what the investors would receive in return, who would control the new structure, and why the entire process had been conducted without b..