FIFA has scrapped controversial plans to sell a private equity stake in the World Cup following widespread backlash from across the football community. FIFA President Gianni Infantino issued a statement on Friday confirming that the proposal will not proceed.
The decision follows unified opposition from regional confederations and threats of a boycott from European football. The backlash also resulted in a high-level resignation, with a senior adviser to Infantino quitting on Friday in protest of the proposed sell-off.
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