NewzFIFA president Gianni Infantino has abandoned a proposal to sell off rights to the World Cup to private investors following widespread backlash. The decision to scrap the project comes after the plan faced significant opposition from stakeholders within the football community.
European football’s governing body, UEFA, has publicly stated that Infantino has lost its confidence as a result of the initiative. In a formal response to the aborted project, UEFA criticized the process, asserting that the sport’s governing bodies cannot continue to operate under secret schemes.
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