2 August 2026 at 7:37 pm
Summary
FIFA President Gianni Infantino has abandoned his controversial $20 billion plan to sell stakes in future World Cup profits to private investors, following widespread backlash and threats of boycotts from European nations. The proposal, which aimed to create a subsidiary called FIFA Forward Enterprise (FFE) and involved Joshua Kushner's Thrive Eternal as an anchor investor, faced strong opposition from various soccer federations and senior FIFA staff.
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