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UEFA says it has 'lost confidence' in Infantino's leadership
UEFA said the abandoned $20 billion plan would have sold World Cup stakes to private investors and deepened concerns over FIFA leadership.
- UEFA announced Saturday it has lost confidence in FIFA President Gianni Infantino and will pursue a full review of his abandoned plan to sell World Cup stakes to private equity investors, stating 'no option should be off the table.'
- Infantino had proposed creating a $20 billion FIFA Future Enterprise to operate the World Cup with private investors, but backlash intensified when his senior adviser resigned and soccer bodies in Asia, Europe, and North America opposed the plan.
- On Friday, Infantino withdrew the FFE plan after UEFA voted Thursday to boycott FIFA if the proposal remained, with UEFA criticizing the effort as a 'shabby, back room, opaque deal' involving 'secret schemes' and 'fast track timescales.'
- UEFA expanded its rebuke Saturday, stating that 'the current FIFA leadership has not only lost UEFA's confidence but also that of many other members of the football family,' demanding accountability for those involved.
- Rather than private equity arrangements, UEFA proposes distributing resources through the existing FIFA Forward Programme, while noting Infantino broke 2016 promises to ensure FIFA money serves football development with transparency.
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392 Articles
Gianni Infantino has survived numerous controversies, criticisms and complications in his ten years at the helm of the world football federation, and in principle has enforced his will, building strong and numerous support from members, but after the failed "sale of football", he is saving his seat.
·Ljubljana, Slovenia
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Starts the cataract of federation announcements (Romania, Wales, England...) withdrawing support for Infantino in the FIFA elections. They have also announced
·Madrid, Spain
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Total News Sources392
Leaning Left64Leaning Right54Center121Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 27%
C 51%
R 22%
Factuality
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