Gianni Infantino rules out selling stakes in the World Cup

It’s canceled! Gianni Infantino has reportedly canceled his plans to sell stakes in the World Cup, Sky Sports reports. 

“It has become clear that the project has created divisions of such a nature that, regardless of the level of support, it no longer serves the objective originally set out,” the FIFA president said in remarks cited by the same source. 

“Looking ahead, my intention is to bring together all stakeholders in the coming days and weeks, in the spirit of a shared interest in our sport and with the aim of continuing to promote football around the world, particularly in those countries that most need our support.”

To recap, Infantino intended to launch a subsidiary worth $20 billion and sell more than 20% of the new FIFA Forward Enterprise, thereby raising $4.2 billion.

In response to the initiative, UEFA issued a categorical “no” and warned that if it went ahead, the confederation and its member countries would not take part in any competition organized by FIFA.

Concacaf and the AFC joined UEFA, while Conmebol requested more information on the matter from world football’s governing body.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.