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Infantino apologises to council over scrapped investment plan

FIFA President Gianni Infantino has apologised to the organisation’s council over a scrapped investment plan, but faces calls for more transparency. Read More: https://punchng.com/infantino-apologises-to-council-over-scrapped-investment-plan/

Infantino apologises to council over scrapped investment plan

FIFA President Gianni Infantino has apologized to the organisation’s Council over the scrapped investment proposal, Fifa Forward Enterprise (FFE), that would have handed the governing body's commercial rights to a private firm. The plan was abandoned shortly after it was revealed, but it has sparked questions about transparency and decision-making within FIFA.

During a Council meeting in Zurich, Infantino faced inquiries about the proposal, the suspended red-card ban of US striker Folarin Balogun, the FIFA Peace Prize, and funding for national associations. FIFA vice-president Debbie Hewitt highlighted that several crucial questions remained unanswered, emphasizing the need for the FFE documents to understand the rationale behind the proposal and evaluate the actions of those involved.

Hewitt stated that Infantino must provide answers to these questions, suggesting that his leadership would be under scrutiny until the documents were released. UEFA, a strong critic of Infantino, has called for his resignation and initiated legal proceedings against him, seeking documents related to the FFE proposal.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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