"Ruined by the media" is also like Trump! Infantino's plan to sell the World Cup, ultimately scrapped amid collective football opposition... His position is also shaken, likely failing a third term
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- FIFA's plan to sell stakes in the World Cup has been scrapped following widespread opposition from the football community.
- FIFA President Gianni Infantino stated that the project caused division and did not align with the organization's goals of unity and development.
- The failed plan has reportedly weakened Infantino's position and could jeopardize his bid for a third term as FIFA president.
FIFA's ambitious plan to sell stakes in the World Cup has been officially abandoned, succumbing to a chorus of objections from across the global football landscape. The controversial proposal, aimed at generating significant revenue, faced a united front of opposition that ultimately forced the international governing body to retreat.
FIFA President Gianni Infantino announced the decision in a statement, acknowledging the division the project had created. "After carefully listening to all opinions, it has become clear that this project has caused division and has not met the initial goals set," Infantino stated. He emphasized that FIFA's core mission remains the "unity and development of football," suggesting the proposed commercial venture was at odds with this principle.
After carefully listening to all opinions, it has become clear that this project has caused division and has not met the initial goals set.
The withdrawal of the plan is seen as a major setback for Infantino, whose leadership has been marked by a series of bold, and at times controversial, initiatives. Reports suggest the failure to push through the World Cup stake sale has significantly weakened his standing within FIFA, potentially jeopardizing his chances of securing a third term in office. The collective resistance from football stakeholders appears to have delivered a powerful message to the FIFA leadership.
Our goal has always been the unity and development of football.
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.