NewzFIFA President Gianni Infantino has withdrawn the proposed FIFA Forward Enterprise (FFE) investment plan, which aimed to open the commercial management of the organization's major competitions to private investors. The decision to scrap the project came on a Friday following widespread and intense opposition from officials and confederations across various regions of the global football community.
The initiative first sparked a global crisis on July 28 following a report by the newspaper The Times, which revealed that FIFA intended to sell stakes in the World Cup to private investors. The disclosure immediately triggered backlash from international governing bodies, with UEFA acting as the first major confederation to publicly voice its opposition before the project was ultimately abandoned.
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