UEFA says it has lost confidence in FIFA’s Infantino after failed plan to privatize World Cup
NYON, Switzerland — The Union of European Football Associations (UEFA) said Saturday that it had lost confidence in FIFA President Gianni Infantino and that “no option should be off the table” as it will pursue a full review of his now-abandoned plan to sell stakes of the World Cup to private equity investors.Infantino was forced to scrap the plan early Saturday after his senior adviser who sat on a White House panel resigned and Asia’s soccer body joined Europe and North America in opposing it.Infantino had proposed creating a $20 billion company to run the World Cup with private investors, including Joshua Kushner, whose brother Jared Kushner is a son-in-law and envoy of US President Donald Trump, but drew backlash that grew every day since Tuesday’s announcement.“We must identify those responsible and hold them to account,” UEFA said on Saturday. “No option should be off the table. The current FIFA…
The Union of European Football Associations (UEFA) announced on Saturday that it has lost confidence in FIFA President Gianni Infantino following the abandonment of his plan to privatize the World Cup. Infantino's proposal to create a $20 billion company with private investors, including Joshua Kushner, was met with widespread opposition from European, North American, and Asian soccer bodies. UEFA stated, "No option should be off the table" as it plans a full review to identify those responsible and ensure such schemes do not recur. The controversy led to the resignation of Infantino's senior adviser, Carlos Cordeiro, who said, "I cannot stand by while FIFA considers selling a stake in the World Cup."
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