Real Madrid Praise UEFA for Protecting Football ‘at a Decisive Moment’
Real Madrid said the move protected football as opposition from UEFA, CONCACAF and the Asian Football Confederation forced FIFA to drop the plan.
- On Sunday, FIFA abandoned plans to sell a 20 per cent stake in a World Cup company to private investors after intense opposition from confederations. Real Madrid praised the decision, noting institutions protected football "at a decisive moment."
- FIFA President Gianni Infantino had sought approval for FIFA Forward Enterprise to manage commercial operations of World Cup competitions. Senior adviser Carlos Cordeiro resigned over the proposal, calling it "a bad deal for football" that would "mortgage football's future."
- Chief Operating Officer Kevin Lamour stated the administration had been "deceived" about the project. The Asian Football Confederation and CONCACAF also opposed the plans, joining UEFA in pressuring Infantino to withdraw the proposal.
- UEFA had pledged to boycott FIFA competitions until the idea was scrapped and declared Infantino had "lost the confidence" of European football. The organization is now considering triggering a no-confidence vote requiring backing from 43 FIFA member nations.
- Real Madrid emphasized that "Clubs are the foundation on which national team football and the World Cup are built." The statement argued these competitions represent public interest heritage that should never be treated as simple financial assets.
39 Articles
39 Articles
Gianni Infantino (Brig, Switzerland, 1970) had left the World Cup convinced that he had organized not only the best in history, but, in his own words, "the greatest human, social and cultural event that humanity has ever witnessed." Just a few days later, in full hangover of the championship, he wanted to transform that success into a company valued at $20 billion, of which a fifth would be in the hands of private investors. Last Friday he had t…
Le Journal de Montreal
Le Journal de QuebecPresident Gianni Infantino's aborted project is still jasing.
Through an official statement, the Merengue club quadrated with UEFA and applauded the withdrawal of the measure that had jeopardized World Cup ownership.
Real Madrid Club announced, in a statement posted on the official website, that it highly appreciates FIFA's decision to give up the proposal to partially sell the commercial rights of its competitions.
After Uefa spoke up in boycott of Fifa's competitions in the face of the idea of selling World Cup rights and other events, the entity turned back. But the crisis generated has not yet come to an end. Members of the council prepare to convene an extraordinary meeting in which the office of President Gianni Infantino would be put in check. The repercussions reached clubs: this Sunday, Real Madrid released an official note in which it thanks the E…
The withdrawal of the controversial commercial project of the president of FIFA, Gianni Infantino, is "good news for football," Real Madrid said on Sunday. The white club also expressed its gratitude "to UEFA, the confederations and federations, and all the institutions that opposed this project firmly and responsibly." "Real Madrid C. F. values very positively the decision taken by FIFA to abandon the proposal of partial sale of the commercial …
Coverage Details
Bias Distribution
- 35% of the sources lean Left, 35% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
