Saturday, 01 August 2026 · World
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EUROS The World Financial Report
Nº 21 Saturday, 01 August 2026 · World Edition
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Fifa scraps proposal to sell off stakes in World Cup after widespread backlash

Business | The Guardian · 10h ago
Fifa scraps proposal to sell off stakes in World Cup after widespread backlash

Gianni ⁠Infantino issues statement on controversial plan ‘This proposal will not proceed,’ confirms Fifa president Gianni Infantino’s proposal to sell chunks of the World Cup to private investors has sensationally collapsed, with the Fifa president admitting the project “has created divisions of a nature that are no longer in the interest of the objective”, amid widespread anger globally. The plan had caused ructions within football around the world, leading Uefa to threaten a boycott of future Fifa tournaments if it was not shelved. Other confederations had also come out in opposition while o

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