FIFA Scraps World Cup Stake Sale Plan After Backlash

FIFA President Gianni Infantino announced on Friday that the governing body has withdrawn plans to sell minority stakes in the World Cup and other events to private investors.

The decision follows widespread condemnation from football associations, including UEFA, which stated that the current FIFA leadership has lost the confidence of many members.

The Asian Football Confederation and other national bodies supported the withdrawal, emphasizing that the World Cup must remain under established governance structures rather than private ownership.