Gianni Infantino's senior adviser quits in protest against World Cup plan
Cordeiro said the plan would sell a permanent stake in World Cup revenues for $4.2 billion despite FIFA's billions in reserves.
- Senior Advisor to the FIFA President, Carlos Cordeiro, resigned Friday, protesting Gianni Infantino's plan to sell private stakes in a World Cup company to raise $4.2 billion.
- FIFA aims to create FIFA Forward Enterprise to increase World Cup revenues through private investment. Cordeiro called the initiative a 'bad deal for football' that risks mortgaging the game's future for short-term gains.
- UEFA's 55 member nations unanimously voted Thursday to boycott all FIFA tournaments if the proposal proceeds, stating it represents a 'profound failure of leadership' and an 'abdication of FIFA's duty as the custodian of world football.'
- Concacaf's 41 Member Associations rejected the proposal, while The AFC expressed 'serious concerns' over private influence in FIFA's flagship competitions and decision-making processes.
- Member Associations have 50 days to decide on the proposal, which FIFA continues to defend despite mounting international opposition from all continental confederations.
113 Articles
113 Articles
Fifa President Gianni Infantino's senior advisor Carlos Cordeiro is resigning in protest against the federation's proposal to sell shares in its championships.
FIFA adviser quits over World Cup stake sale, calls it 'bad deal for football'
Carlos Cordeiro, senior adviser to FIFA president Gianni Infantino, resigned with immediate effect on Friday, opposing the governing body's proposal to sell a stake in the commercial rights of the FIFA World Cup.
Carlos Cordeiro Resigns as White House World Cup Adviser Over FIFA’s $20 Billion Cash Grab
Internewscast Journal Internewscast Carlos Cordeiro, a senior FIFA adviser who served as the organization’s representative… This Post: Carlos Cordeiro Resigns as White House World Cup Adviser Over FIFA’s $20 Billion Cash Grab first appeared on Internewscast Journal
FIFA President Gianni Infantino's Senior Adviser Carlos Cordeiro Quits Over World Cup Stake Plan | ⚽ LatestLY
FIFA President Gianni Infantino faces growing pressure after senior adviser Carlos Cordeiro resigned in protest over plans to sell a stake in the World Cup's commercial rights. The controversial proposal to create a $20 billion subsidiary, FIFA Forward Enterprise, with 20% private investment, is vehemently opposed by 143 of FIFA's 211 member associations. ⚽ FIFA President Gianni Infantino's Senior Adviser Carlos Cordeiro Quits Over World Cup Sta…
First the Uefa, then the Concaf and the Afc, now also his men. All leave Gianni Infantino, the president of the Fifa who in his new plan wants to sell a part of the World Cup to the private. Senior advisor of the number 1 of the world football, as well as advisor of the task force of the White House for the World Cup of 2026, Carlos Cordeiro, resigned, leaving FIFA after 5 years to the federal leadership. He did it for the new proposals, the cre…
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