UEFA describes Gianni Infantino's investment plan as 'shabby, back room, opaque deal'; Concacaf also rips FIFA president
Yahoo Sports • • sports
Key Points:
- FIFA president Gianni Infantino abandoned a controversial plan to sell minority stakes in the World Cup and other tournaments to private investors following widespread backlash from soccer organizations.
- UEFA issued a harsh statement criticizing Infantino for failing to uphold promises of transparency and proper use of FIFA funds, describing the proposed deal as secretive and detrimental to the sport.
- UEFA and other confederations, including Concacaf, condemned Infantino's leadership, with UEFA even voting to boycott FIFA competitions until the plan was scrapped and governance reforms were guaranteed.
- The proposed investment deal reportedly involved selling stakes to Joshua Kushner through Thrive Capital, raising concerns about conflicts of interest and governance integrity.
- UEFA pledged to collaborate globally to create a new resource distribution plan that supports grassroots football without compromising FIFA's assets, emphasizing that rebuilding trust in FIFA is an ongoing process.
