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FIFA Chief Gianni Infantino on the Ropes as He Ditches Controversial $20 Billion Private Investment Plan

FIFA Chief Gianni Infantino on the Ropes as He Ditches Controversial $20 Billion Private Investment Plan

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Gianni Infantino, the embattled president of soccer’s governing body FIFA, has abandoned his controversial plan to create a $20 billion company, FIFA Forward Enterprise, that would control the commercial rights to its events, principally the World Cup. In a statement released late Friday, Infantino said it had “become

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Gianni Infantino, the embattled president of soccer’s governing body FIFA, has abandoned his controversial plan to create a $20 billion company, FIFA Forward Enterprise, that would control the commercial rights to its events, principally the World Cup.

In a statement released late Friday, Infantino said it had “become clear that the project has created divisions […]

This summary comes from Variety. Read the full article at the original source.

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