Infantino plans to sell World Cup stakes to investors, drawing criticism from David Bernstein and threats of boycott from European nations.
9 reports, 6 independent
Updated Aug 18
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What happened
Infantino plans to sell World Cup stakes to investors, drawing criticism from David Bernstein and threats of boycott from European nations.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Infantino launched a proposal to sell stakes in the World Cup business model, which was criticized by Jesper Møller regarding an abandoned project.Sub-event
Kushner led investment group for World Cup sale; Lamour criticized Infantino's plan.1 source
- Infantino's failed World Cup sale attempt and Klaveness expressing loss of trust in him.Sub-event
- A proposed commercial stake sale in World Cup operations was introduced and subsequently withdrawn, welcomed by the AFC.Sub-event
- A commercial proposal under Infantino's leadership at FIFA was officially abandoned, leading to a resignation by Carlos Cordeiro.Sub-event
- AFC and CONCACAF oppose FIFA's private investor plans, while Andy Burnham criticizes Infantino's leadership.Sub-event
- FIFA's plan faced a boycott from UEFA.Sub-event
Bernstein criticizes Infantino's plan to sell World Cup stakes, prompting European boycott threats.1 source
Show 2 earlier steps
Investor group led by Joshua Kushner backs FIFA's plan to sell stakes, raising due process concerns.1 source
A watchdog has launched proceedings against an app as the World Cup boycott hinges on the sales proposal.1 source
Keep exploring
Part of
As FIFA president, Infantino is leading the organization while discussions about selling stakes to private investors are underway.Also in this story
- Infantino faces leadership challenges regarding the financial viability and private investment plan for the World Cup.
- Infantino, who serves as the chief of FIFA, has proposed a plan involving the sale of World Cup aspects, which includes Thrive Capital founder.
- The business model of the World Cup is under scrutiny as commercial rights are tied to future events, enterprise proposals are opposed, and boycott threats loom.
- FIFA, led by President Infantino, is currently reviewing plans to sell a stake in its operations to private investors, including discussions with UEFA.
The entities involved
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Gianni Infantino
Swiss-Italian football administrator
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FIFA
international governing body of association football
Related events
- Donald Trump lobbied Gianni Infantino regarding player suspensions during the World Cup knockout stage.
- Infantino's leadership of FIFA was deemed flawed.
- A consortium linked to Trump's in-laws sought the commercial rights for the World Cup, which are managed by FIFA.
- Infantino proposed a review of FIFA's governance framework and called for changes to leadership in a letter to members and the Council.