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FIFA scraps controversial World Cup investment plan
FIFA has abandoned a controversial plan to sell stakes in major competitions, including the World Cup, that was backed by President Gianni Infantino. The decision followed significant opposition from multiple stakeholders both within and outside the organization.
Key takeaways
- 1.FIFA President Gianni Infantino's proposal to monetize World Cup stakes has been formally scrapped
- 2.The plan faced substantial backlash from internal and external stakeholders
- 3.The reversal represents a significant shift in FIFA's approach to competition financing
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