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FIFA Abandons World Cup Commercialization Plan
FIFA has scrapped a controversial plan to create a $20 billion commercial arm by selling stakes in the World Cup and other events. The decision comes after widespread criticism from soccer confederations.
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FIFA on Friday said it would not move forward with a plan to create a $20 billion commercial arm of soccer’s world governing body by selling stakes in the World Cup and other events to private investors. The proposal had been met by a wave of criticism by several soccer confederations from the
2026-08-01 01:20 UTC