DistantNews
Support us
🇮🇩 Indonesia /Sports

FIFA Forward Enterprise project halted to maintain unity, says President Infantino

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Official statement Outcome reported
  • FIFA President Gianni Infantino has halted the FIFA Forward Enterprise project.
  • The initiative aimed to attract private investment for global football development.
  • Infantino cited division among member associations as the reason for cancellation, emphasizing unity.

FIFA President Gianni Infantino announced the immediate cessation of the FIFA Forward Enterprise project, an initiative designed to channel private investment into global football development. The decision came after Infantino acknowledged receiving feedback from FIFA's member associations.

"After listening carefully to all the views expressed, it has become clear that this project has caused division which, regardless of the level of support it may have, is no longer aligned with the original objectives it sought to achieve," Infantino stated in an official release from FIFA.

After listening carefully to all the views expressed, it has become clear that this project has caused division which, regardless of the level of support it may have, is no longer aligned with the original objectives it sought to achieve.

— Gianni InfantinoFIFA President Gianni Infantino explaining the decision to halt the FIFA Forward Enterprise project.

Infantino reiterated that the project's core purpose was to enhance support for FIFA member associations, particularly those in nations most in need of funding for football development and national teams. He emphasized that the project was contingent on majority support from member associations and would proceed only through extensive consultation.

The FIFA Forward Enterprise project was intended as a foundation to further strengthen FIFA's member associations and the development of football worldwide, especially in countries most in need of support.

— Gianni InfantinoFIFA President Gianni Infantino describing the original intent of the project.

"Our mission has always been, and will always be, to unite and advance football. Therefore, this proposal will not proceed," Infantino declared, stressing that FIFA's aim is to foster unity within the global football community, not to create polarization.

In the coming days and weeks, FIFA plans to reconvene stakeholders to find common ground for the continued development of global football, with a specific focus on nations requiring assistance. The cancellation ends a period of debate surrounding FIFA's plan to establish a company that would manage rights to revenues from its development programs, potentially involving the sale of partial ownership to private investors to raise funds for increased global investment.

Our mission has always been, and will always be, to unite and advance football. Therefore, this proposal will not proceed.

— Gianni InfantinoFIFA President Gianni Infantino reaffirming FIFA's commitment to unity and football advancement.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog