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FIFA President Infantino Receives Support but Apologizes for World Cup Privatization Plan

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FIFA President Infantino Receives Support but Apologizes for World Cup Privatization Plan
FIFAGianni InfantinoWorld Cup

FIFA president Gianni Infantino received the 'full support' of senior directors but apologized for the controversy of the now-shelved plan to open the World Cup to private investment. Facing criticism, FIFA's leadership acknowledged 'errors' while backing Infantino.

FIFA president Gianni Infantino received the 'full support' of senior directors but apologized for the controversy of the now-shelved plan to open the World Cup to private investment.

Facing criticism, FIFA's leadership acknowledged 'errors' while backing Infantino. The plan was floated to raise up to $4.2 billion based on a valuation of $20 billion for a new commercial subsidiary. UEFA and CONCACAF called for a comprehensive reckoning with this presidency, slamming Infantino's 'poor governance and leadership'

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TheManilaTimes /  🏆 2. in PH

FIFA Gianni Infantino World Cup Private Investment Controversy Errors Support Plan Valuation Commercial Subsidiary UEFA Concacaf Leadership Poor Governance Controversy Plan Valuation Commercial Subsidiary

 

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