Latest

Top FIFA Officials Distance Themselves from Infantino's Failed $20 Billion World Cup Sell-Off

Top FIFA Officials Distance Themselves from Infantino's Failed $20 Billion World Cup Sell-Off

FIFA's $20 billion plan to sell stakes in future World Cup profits to private investors has collapsed, and two of the organization's most senior officials are now openly distancing themselves from it. FIFA Secretary General Mattias Grafström — the No 2 beneath president Gianni Infantino — sent an email to all staff calling the failed plan a "sad and reproachable series of events" that created "turmoil which is difficult to comprehend and accept." Arsène Wenger went further, saying he knew nothing of the $20 billion plan and describing its withdrawal as "absolutely necessary and beyond question."

AI