Published 20 hours ago • loading... • Updated 44 minutes ago
Infantino to Chair FIFA Council Meeting as Critics Push to Oust Him
Infantino apologized for the abandoned $4.2 billion World Cup investment plan, but UEFA leaders said they still wanted the documents and answers.
On Thursday in Zurich, FIFA President Gianni Infantino faces the 37-member FIFA Council for the first time since his secretive World Cup stake-sale plan collapsed 11 weeks ago.
Infantino's proposal to sell a 20% stake in a commercial subsidiary to investors led by Joshua Kushner was abandoned shortly after its July announcement, sparking intense criticism from regional confederations.
To counter UEFA's call for a $10 million payment, Infantino plans to propose $15 million in additional funding per member federation for the 2027-2030 cycle. UEFA lawyers claim the previously planned $4.2 billion valuation was "fraudulently off-market."
Council members will review FIFA's disciplinary procedures and governance standards, including the controversial Peace Prize awarded to U.S. President Donald Trump, as powerful figures seek to curb Infantino's powers.
Candidates must submit nominations by November 18 for the March 2027 election in Rabat, Morocco, where Infantino seeks a fourth term despite calls for his resignation from regional confederations.
There was chaos at the FIFA council. Gianni Infantino may have apologized for his handling of the “FFE” plan, but he didn’t give any answers.
The post Stormy FIFA council meeting appeared first on in.gr.
The president of the agency withdrew the private investment plan and proposed a distribution of 6350 million dollars to try to rescue the vote of the members