FIFA withdraws controversial World Cup participation selling plan after strong rejection

FIFA found itself embroiled in controversy following the announcement of the FIFA Forward Enterprise (FFE), a project that aimed to create a commercial subsidiary to manage the World Cups and the Club World Cup, with the intention of selling a minority stake to private investors and raising $4.2 billion to support the 211 member associations. This proposal was met with strong opposition from UEFA, which threatened to boycott competitions, leading Gianni Infantino to backtrack on the initiative.

Arsène Wenger's Statements

In a statement, Wenger, responsible for global development at FIFA, expressed his disagreement with the plan and emphasized the importance of an independent FIFA committed to transparency and integrity. He clarified that he was not involved in the project's development and learned about it through the media, supporting the decision to withdraw it as necessary and unquestionable.

This news is an automatic translation. You can read the original news, FIFA retira polémico plan de venta de participación en Mundiales tras fuerte rechazo