sports

FIFA scraps World Cup sell-off plan

FIFA has abandoned its controversial plan to sell stakes in the World Cup after Football Australia and the Asian Football Confederation joined widespread opposition.

FIFA president Gianni Infantino confirmed the FIFA Forward Enterprise (FFE) proposal had been scrapped following backlash led by UEFA, which threatened to boycott all FIFA tournaments. Football Australia chair Anter Isaac welcomed the decision, stating that some principles of football "should never change".

The Asian Football Confederation also expressed support for FIFA's reversal, calling for "proper consultation, collective dialogue and respect" in future decisions. The plan to sell chunks of the World Cup to private investors had faced significant resistance from football associations worldwide. esporist.com