FIFA Scraps Plan to Sell Off World Cup Stake Amid Backlash The decision to scrap plans to sell a minority stake in FIFA's commercial operations marks a significant U turn for the organization, highlighting deepening divisions within international football.
The proposal, which was met with intense opposition from member associations and leagues worldwide, would have put the World Cup up for sale like an investment product.
FIFA President Gianni Infantino initially justified the plan as a means to raise billions of dollars, but his decision to scrap it after just one week underscores the short sighted nature of the proposal.