Infantino sorry for errors but stays Fifa president
FIFA said 20% of the proposed commercial unit would have been sold to private investors and that the plan was permanently abandoned after a backlash.
- On Wednesday, FIFA President Gianni Infantino convened an emergency staff meeting in Rabat, Morocco, amid mounting pressure following the collapse of plans to sell 20 per cent of FIFA Forward Enterprise to private investors.
- The controversial proposal to commercialize tournaments sparked internal turmoil, leading FIFA secretary general Mattias Grafstrom to email staff about a "sad and reproachable series of events" before the project was permanently abandoned last Saturday.
- Threatening a boycott, UEFA declared it has "lost confidence" in Infantino and is "actively considering" legal action, ordering FIFA to preserve documents related to the scrapped sell-off scheme.
- Seeking a majority of 19, FIFA Council members intend to stage a "governance boycott" that could effectively render the organization incapable of operating if their demands are refused.
- A deep global divide remains as Infantino faces accusations of "blackmail" from Jordan Football Association president Prince Ali bin Hussein, though he retains backing from several African and Asian federations.
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497 Articles
FIFA apologizes for failed Infantino bid to sell the World Cup to Trump's in-laws, but throws 'full support' behind his continued presidency
Luis Figo says Gianni Infantino "debased the office." Canada's prime minister says he's lost confidence. FIFA's own board just backed him anyway.
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Sioux City JournalFIFA apologizes to members as Infantino holds crisis meeting
The abandoned plan to sell a 20% stake in a new commercial rights entity sparked widespread criticism, particularly from UEFA, over poor governance and lack of consultation. Critics argue the move damaged Infantino's leadership credibility ahead of his 2024 re-election.
On Wednesday, the World Football Association apologised to its members for errors in the controversial investor plans. At the same time, the leadership confirmed its support for FIFA President Infantino after a crisis meeting.
Rabat, 6 Aug. (Adnkronos) - Fifa, after the meeting in Rabat, apologized for the Fifa Forward Enterprise project, which provided for the transfer of part of the World Cup to private investors, but reiterated its support for the president of the world's top football organization. In Morocco, the Secretary General of Fifa and the members of the Board of Directors of Fifa present reaffirmed their "full support for the President of Fifa Gianni Infan…
The entity has recognised errors in the process of setting up a business for opening up private investment, but the Governing Council's emergency meeting guarantees support to the President
'He has lied': Luis Figo asks for Gianni Infantino's resignation amid FIFA World Cup share chaos
Former Portuguese footballer Luis Figo took centre stage and demanded the resignation of FIFA president Gianni Infantino after the latter decided to sell FIFA World Cup stakes for the upcoming edition, giving private investors a share in ticketing and marketing.
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