FIFA President Gianni Infantino officially terminated a controversial plan to invite private investment into the World Cup following significant pushback from the global football community. Infantino stated that the organization’s goal is to unify and improve the sport, and since the proposal generated divisions, it will not move forward.
The proposal, introduced Tuesday, sought to raise $4.2 billion by valuing a new commercial subsidiary at $20 billion. This entity was intended to oversee tournaments like the World Cup and the Club World Cup. FIFA had promised that the project would result in a $20 million payout for each of its 211 member associations in early 2027.
The plan faced immediate condemnation from several major governing bodies, including UEFA, which threatened to boycott FIFA competitions if the project persisted. UEFA emphasized that the World Cup should not be treated as a commercial product. The Asian Football Confederation, CONCACAF, and CONMEBOL also expressed serious concerns or demanded further clarity, while senior advisor Carlos Cordeiro resigned in protest, labeling the idea a poor deal for the future of football.
Political pressure also grew, with UK political figures criticizing Infantino’s leadership. In response to the backlash, Infantino claimed the project was meant to empower member associations but acknowledged that it created undesirable friction within the sport. He now intends to focus on reconciling with various stakeholders to continue the development of global football.