Real Madrid welcome scrapping of FIFA’s World Cup investor plan

Spanish football giants Real Madrid have publicly welcomed FIFA's decision to scrap its controversial plan to allow private investment in the World Cup. The club expressed that this move is beneficial for the sport, its governing bodies, and the millions of fans worldwide.

Real Madrid extended its gratitude to UEFA, various confederations, and federations that opposed the project. The club emphasized that the unity and responsible stance of these institutions protected football during a critical period. This stance aligns with Real Madrid's history, as the club was a founding member of the failed European Super League project.

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Our club believes this is good news for football, for its institutions and, above all, for the millions of fans of our beloved sport.

FIFA President Gianni Infantino was compelled to withdraw the plan following significant backlash, particularly from UEFA, the European football governing body. UEFA had threatened to boycott all FIFA competitions and declared a loss of confidence in Infantino. FIFA had proposed creating a commercial subsidiary for its major events, including the World Cup, which would be open to private investment and potentially raise $4.2 billion.

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Their unity and sense of duty have protected football at a decisive moment.