FIFA President Gianni Infantino says FIFA’s plan to sell stakes connected to the World Cup is only a proposal and “not an obligation,” after the idea draws a strong reaction from some football authorities. Multiple outlets report that FIFA has framed the proposal in the context of broader structural changes and has announced plans to create a $20 billion subsidiary to manage the World Cup and other events. Following FIFA’s announcement, some governing bodies criticized the stake-sale approach, expressing concern about implications for control and governance of the competition. In response, Infantino publicly emphasizes that the proposal would not be mandatory and is subject to further steps and decisions by relevant parties. The dispute is therefore focused on whether FIFA’s proposed arrangements should be treated as binding requirements or as options under consideration. Across the reports, the common elements are FIFA’s announcement of a large subsidiary and Infantino’s insistence that any stake-selling aspect remains a proposal rather than an obligation.
Infantino says FIFA World Cup stake-sale plan is a proposal, not an obligation
FIFA President Gianni Infantino says FIFA’s plan to sell stakes connected to the World Cup is only a proposal and “not an obligation,” after the idea draws a strong reaction from some football authori...
- FIFA President Gianni Infantino says the World Cup stake-sale plan is a proposal, not an obligation.
- FIFA’s proposal follows FIFA’s announcement of plans to create a $20 billion subsidiary to run the World Cup and other events.
- Some football governing bodies criticize the stake-sale idea and respond strongly to FIFA’s announcement.
- The reported disagreement centers on whether FIFA’s plans are binding or optional pending further decisions.
FIFA President Gianni Infantino called the plan to sell stakes in the World Cup a proposal but ‘not an obligation’ after the idea provoked a furious response from some football authorities. FIFA announced plans this week to create a $20 billion subsidiary to run the World Cup and its other events, and said it will […]
1 hour agoFootball governing bodies hit out at plans to sell World Cup stakes, as FIFA insist proposal is not an 'obligation'.
2 hours agoFootball governing bodies hit out at plans to sell World Cup stakes, as FIFA insist proposal is not an ‘obligation’.
2 hours ago
Australian players’ union criticises FIFA plan to bring private investors into World Cup
Australia’s players’ union criticises FIFA’s plan to introduce private investors into the World Cup and other major comp...
Eddie Howe leaves Newcastle United as head coach
Eddie Howe leaves his role as Newcastle United head coach, multiple outlets report. Sky News, Sky Sports and Sky Sports...
Ottawa investigates alleged sham marriages used by some Indian students for Canada work permits
Multiple reports describe how some Indian students allegedly used sham or “marriages of convenience” to obtain Canadian...