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European soccer says it has lost confidence in FIFA chief Gianni Infantino as investment plan scrapped

nglobix@gmail.com1 month ago04 mins

Successfully stopping Gianni Infantino’s FIFA plan to sell World Cup profits to private investors was the first half of a high-stakes game in global soccer politics. The second half kicked off Saturday with what seemed a clear aim of ending Infantino’s decade-long presidency. “No option should be off the table,” said European soccer body UEFA,…

FIFA says it hopes to sell $4.2bn stake in its tournaments – Sport

nglobix@gmail.com2 months ago04 mins

FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary. World football’s governing body said it would retain a majority share in FIFA Forward Enterprise (FFE) but hoped to raise $4.2 billion later this year by “carefully…