Infantino's World Cup private investment plan has drawn seismic FIFA backlash. Here's what to know - tsn.ca
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FIFA's Infantino scraps controversial World Cup private investment plan
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FIFA says it's not moving forward with controversial World Cup sell-off plan.
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The move came after Europe's governing body for football said it would boycott the World Cup over the plan.
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FIFA President Gianni Infantino said Friday he's nixing a much-criticized plan to sell stakes in the World Cup to private equity investors.
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FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.
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Infantino's World Cup private investment plan has drawn seismic FIFA backlash.
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Second says it deceived staff CTV NewsFIFA has scrapped $20 billion World Cup sell-off plan, New York Post reports
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Summary
**Summary:** The controversial World Cup private investment plan proposed by FIFA President Gianni Infantino has been scrapped after drawing significant backlash from the organization and its members. This move comes as a result of Europe's governing body for football, UEFA, boycotting the tournament over similar plans. **Why It Matters:** The scandal
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