FIFA Advisor Resigns due to Proposal to Sell Part of the World Cup to Investors

The pressure on Gianni Infantino is increasing within FIFA due to the resignation of Carlos Cordeiro, one of his main advisors. Cordeiro, former president of the United States Soccer Federation, has publicly expressed his rejection of FIFA's project to sell a stake in the World Cup to private investors.

Criticism of the initiative

Cordeiro has stated that he was not involved in the development of the proposal and has warned that letting go of a portion of the rights associated with the World Cup would be detrimental in the long term for football. In his resignation statement, he made it clear: "I had nothing to do with this proposal and I am strongly opposed to it. It is a bad deal for the FIFA member federations, for football, and for its long-term future."

Rejection of the need for external capital

The former Goldman Sachs banker has also questioned FIFA's decision to seek external capital to finance football growth. According to Cordeiro, the organization has sufficient resources to make new investments without having to compromise a portion of its main asset. "As the principal advisor to FIFA's president, former banker, and football enthusiast, I cannot stand idly by while this sale of a stake in the World Cup is being considered," he emphasized.

This news is an automatic translation. You can read the original news, Asesor de la FIFA renuncia por propuesta de venta de parte del Mundial a inversores