NewzFIFA president Gianni Infantino has officially abandoned plans to sell a stake in future World Cup profits to private equity investors. The decision follows significant pushback regarding the proposal, which had been under consideration as a means to generate capital for the organization.
The plan faced fierce opposition from various football governing bodies, ultimately leading to the cancellation of the deal. By scrapping the proposal, FIFA has opted to maintain its current financial structure rather than bringing in outside private investors to claim a share of the tournament's future earnings.
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