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Fifa drops controversial World Cup investment plan

Gianni Infantino says Fifa has scrapped its plan to sell stakes in major competitions after widespread opposition, ending a proposal that offered 211 member associations $40m each.

·1 min read
'Breaking' graphic

Fifa president Gianni Infantino says he has scrapped the controversial plan to sell off stakes in the governing body's major competitions, following widespread opposition. Infantino said it had become clear the project had

created divisions
that are
no longer in the interest
of its original objective.

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As a result, this proposal will not proceed.

Infantino had offered all 211 member associations $40m (£30m) if they backed a proposal for private investment in its tournaments, including the men's and women's World Cups.

This article was sourced from bbc

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