FIFA scraps private investment plan after backlash—Infantino

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Business

Kevin JacksonJournalist at Jamaica Observer

July 31, 2026

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FIFA scraps private investment plan after backlash—Infantino

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PARIS, France(AFP)—World football governing body FIFA said Friday it was scrapping a plan to allow private investment in flagship events after fierce backlash from football officials worldwide.

“Our purpose has always been — and will always be — to unite and improve,” FIFA President Gianni Infantino said in a statement.

“As a result, this proposal will not proceed.”

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Sourced from Jamaica Observer. Visit their website to read the full story.

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