Power Play: Fifa, Infantino face global resistance over private investment plan
The pressure for Fifa and Gianni Infantino to abandon the Fifa Forward Enterprise has increased since the story was broken at the beginning of the week.
Fifa president Gianni Infantino faces global resistance over his proposed Fifa Forward Enterprise (FFE) plan, which would allow external investors a 20% stake in the organization. The European governing body, Uefa, has already boycotted Fifa events if the plan is implemented, stating that it cannot be treated as an investment product.
Uefa argues that the World Cup cannot be surrendered to private investors, as it is one of football's greatest sporting legacies built over generations. Other soccer stakeholders, including Concacaf and Fifpro, have also expressed deep concerns about the lack of consultation and the proposal's potential impact on the future of football.
Infantino maintains that the consultation process was disrupted by incorrect media reports and insists that the FFE is an offer, not an ultimatum.
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- There can be no letup. Humiliated Infantino must stand down at Fifa or be removed | Nick Ames theguardian.com
- European football body declares no confidence in FIFA's Infantino after World Cup sell-off plan france24.com
- Gianni Infantino’s future at FIFA in doubt after private investment plan backfires japantimes.co.jp
- UEFA says it has lost confidence in Infantino as FIFA faces calls for transparency cnbc.com
- Infantino’s U-turn fuels doubts about his future at Fifa ft.com
- A bruising 24 hours - what next for Fifa and under-pressure Infantino? bbc.co.uk
- UEFA, CONCACAF target Infantino after FIFA shelve World Cup private investment plan channelnewsasia.com
