Infantino's World Cup company plan rejected amid salary revelations
Translated from Croatian, summarized and contextualized by DistantNews.
At a glance
- FIFA President Gianni Infantino's controversial proposal to create a company for World Cups and sell stakes to private investors has been largely rejected.
- The idea was reportedly motivated by Infantino's desire to increase his annual salary from approximately 3 million euros to 30 million euros.
- The proposal has drawn widespread criticism and speculation about Infantino's potential departure from FIFA.
FIFA President Gianni Infantino's recent proposal to establish a company within FIFA to manage World Cups and sell stakes to private investors has faced significant backlash and is reportedly on the verge of being abandoned.
The plan, which would have allowed external investors to influence the organization of football's premier tournament, was met with widespread criticism from football associations and confederations. The voting process has concluded, effectively rejecting the idea.
According to The Times, the primary motivation behind Infantino's controversial plan was financial. His current annual salary as FIFA president is around 3 million euros. Had the proposal succeeded, his earnings could have potentially multiplied tenfold to a staggering 30 million euros annually. This revelation starkly contrasts with his previous statements about not using his position for personal financial gain.
The controversy surrounding the World Cup stake sale has intensified criticism against Infantino, with some reports even suggesting a possible exit from his leadership role at FIFA. The rejection of this proposal marks a significant moment in the ongoing scrutiny of Infantino's leadership and financial dealings within the global football governing body.
Originally published by Veฤernji List in Croatian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.