Infantino World Cup Plan

FIFA President Gianni InfantinoGianni InfantinoSwiss-Italian-Lebanese football administrator dropped a plan to raise up to $4.2 billion by selling about 20% of FIFA Forward EnterpriseFIFA Forward Enterpriseproposed commercial subsidiary of the FIFA, a new events unit valued at $20 billion, to outside investors. The unit would have controlled commercial operations for FIFA events, including the World Cup. Infantino said the project had created divisions that were no longer in the sport’s interest after opposition from UEFA, Concacaf and the Asian Football Confederation. UEFA members had threatened to boycott FIFA tournaments, and senior adviser Carlos CordeiroCarlos CordeiroAmerican soccer administrator (born 1956) resigned over the proposal.