Entertainment

FIFA Chief Abandons Controversial Investment Plan

Updated 2026-08-01 06:55 UTC 1 source Negative

Gianni Infantino, FIFA president, scrapped a $20 billion private investment plan for commercial rights to soccer events. The move comes amid growing criticism and opposition.

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Variety
Gianni Infantino, the embattled president of soccer’s governing body FIFA, has abandoned his controversial plan to create a $20 billion company that would control the commercial rights to its events, principally the World Cup. In a statement released late Friday, Infantino said it had “become clear
2026-08-01 06:41 UTC
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