Infantino sorry for errors but stays Fifa president
FIFA said the plan was mishandled and withdrawn, while senior officials reaffirmed support for Gianni Infantino and ordered a review.
- FIFA President Gianni Infantino issued an apology for "mistakes made" regarding the controversial FIFA Forward Enterprise investment proposal, following a board meeting in Morocco on Wednesday.
- The proposal to sell a 20 per cent stake in FFE faced rejection from UEFA and CONCACAF, while Secretary General Mattias Grafstrom previously characterized the scheme as "sad and reproachable" in an internal email.
- Despite calls for his resignation, FIFA's Management Board signed a letter affirming their "full support" for Infantino, asserting the plan broke no rules and the organization will "no longer tolerate any attacks on its integrity."
- The organization plans to conduct a review of the failed scheme, with a report scheduled for the next FIFA Council meeting to "help restore confidence in the organisation" and "continue to develop the game around the world."
- Infantino remains in his position despite the turbulence, as removing the president requires member nations to vote in favor of a motion. He was pictured smiling following the emergency board summit at the Africa Cup.
196 Articles
196 Articles
The inner circle of FIFA continues to support the controversial President Gianni Infantino. However, FIFA admits mistakes in the investor plans.
FIFA leadership expresses full support for President Gianni InfantinoFIFA leadership has confirmed its full support for President Gianni Infantino at a meeting in Morocco. This came after the withdrawal of a proposal to attract $4.2 billion in investment due to criticism from UEFA.
The project provided for a new company to manage the commercial revenues of the World Cup and other tournaments, but it had been highly criticized
FIFA admits 'mistakes' in connection with controversial plan to sell rights to host World Cup and other competitions, but Infantino remains untouchable.
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