FIFA leadership expressed full support for President Gianni Infantino
Kyiv • UNN
FIFA leadership confirmed its full support for President Gianni Infantino at a meeting in Morocco. This occurred after the proposal to attract $4.2 billion in investment was withdrawn following criticism from UEFA.
FIFA leadership confirmed its full support for the organization’s president, Gianni Infantino, during a special meeting in Morocco. Reuters reports, according to UNN.
Details
FIFA said that the organization’s leadership unanimously supported Infantino amid discussions surrounding the recently withdrawn initiative to attract private investment into the federation’s commercial assets.
Our goal has always been, and will always be, to unite and improve
FIFA abandoned the project following criticism
Earlier, FIFA withdrew a proposal to establish a commercial subsidiary, FIFA Forward Enterprise, which was intended to attract up to $4.2 billion in private investment to develop tournaments, including the World Cup and the Club World Cup.
As a result, this proposal will not be implemented
As reported by Reuters, the project was abandoned following sharp criticism from UEFA and other football organizations.