FIFA scraps World Cup sell-off plan after fierce backlash, pressure intensifies on Infantino
The Asian Football Confederation and Concacaf, which represents 41 nations from North and Central America and the Caribbean, backed UEFA in their stance
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Summary
The Asian Football Confederation and Concacaf, which represents 41 nations from North and Central America and the Caribbean, backed UEFA in their stance. UEFA, Europe's powerful soccer federation, announced Thursday that its 55 members had agreed to boycott the World Cup if Infantino pushed forward with his project, calling it "irresponsible and indefensible." "The World Cup cannot be treated as an investment product," UEFA said. If you look at his donation record, all of the causes he has donated to are Democrat … it's kind of unfair to assume a lot about somebody just because of what their brother does." The blowback from Infantino's proposal was swift.
Furthermore, Despite Fifa hitting back in a statement that insisted "nobody is selling football", the sport's world governing body ultimately backed down. FIFA estimated that the mechanism could generate $4.2 billion. The plan envisaged the creation of a commercial subsidiary, FIFA Forward Enterprise, which would control major FIFA men’s and women’s competitions.
In addition, Fifa president Gianni Infantino proposed the controversial plan in July, declaring that a vote would determine whether or not it would go ahead, but there was anger and concern from many voices in the footballing world. UEFA, Concacaf and the AFC combined have 143 associations, well over half of FIFA's 211 members. Its value is created by the fans and the players ... That value is not for FIFA to extract in the interest of private investors.” FIFA says process is a democratic one Infantino said in a letter to all member associations that they would receive $40 million each if they agreed to FIFA’s proposal by September 19.
Cross-referenced from 6 sources.
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The Asian Football Confederation and Concacaf, which represents 41 nations from North and Central America and the Caribbean, backed UEFA in their stance.
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UEFA, Europe's powerful soccer federation, announced Thursday that its 55 members had agreed to boycott the World Cup if Infantino pushed forward with his project, calling it "irresponsible and indefensible." "The World Cup cannot be treated as an investment product," UEFA said.
according to CBS News — LatestIf you look at his donation record, all of the causes he has donated to are Democrat … it's kind of unfair to assume a lot about somebody just because of what their brother does." The blowback from Infantino's proposal was swift.
according to CBS News — LatestDespite Fifa hitting back in a statement that insisted "nobody is selling football", the sport's world governing body ultimately backed down.
according to The IndependentFIFA estimated that the mechanism could generate $4.2 billion.
according to TASSThe plan envisaged the creation of a commercial subsidiary, FIFA Forward Enterprise, which would control major FIFA men’s and women’s competitions.
according to TASSFifa president Gianni Infantino proposed the controversial plan in July, declaring that a vote would determine whether or not it would go ahead, but there was anger and concern from many voices in the footballing world.
according to The IndependentUEFA, Concacaf and the AFC combined have 143 associations, well over half of FIFA's 211 members.
according to The Sydney Morning Herald - Top Stories +1Its value is created by the fans and the players ... That value is not for FIFA to extract in the interest of private investors.” FIFA says process is a democratic one Infantino said in a letter to all member associations that they would receive $40 million each if they agreed to FIFA’s proposal by September 19.
according to The Sydney Morning Herald - Top Stories +1
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The Asian Football Confederation and Concacaf, which represents 41 nations from North and Central America and the Caribbean, backed UEFA in…
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