Pressure built further on FIFA president Gianni Infantino over his handling of the now shelved private investment plan on Thursday with European football's governing body UEFA reiterating their threat of boycotting the World Cups.
Infantino may have thought he had bought some time when he received the "full support" of senior FIFA directors following an emergency meeting in Morocco on Wednesday but he was to be disabused of that by UEFA's blunt statement.
UEFA's initial threat issued last Thursday to boycott FIFA competitions is widely credited to being pivotal in the plan being shelved.
Infantino has come under increasing pressure, even from within his organisation, over his handling of the proposal, and calls for him to step down had grown since he abandoned it last Saturday.
FIFA floated the plan, saying it could raise up to $4.2 billion based on a valuation of $20 billion for a new commercial subsidiary, called the FIFA Forward Enterprise (FFE), which it proposed would run events such as the World Cup and Club World Cup.
#World #handling
Infantino may have thought he had bought some time when he received the "full support" of senior FIFA directors following an emergency meeting in Morocco on Wednesday but he was to be disabused of that by UEFA's blunt statement.
UEFA's initial threat issued last Thursday to boycott FIFA competitions is widely credited to being pivotal in the plan being shelved.
Infantino has come under increasing pressure, even from within his organisation, over his handling of the proposal, and calls for him to step down had grown since he abandoned it last Saturday.
FIFA floated the plan, saying it could raise up to $4.2 billion based on a valuation of $20 billion for a new commercial subsidiary, called the FIFA Forward Enterprise (FFE), which it proposed would run events such as the World Cup and Club World Cup.
#World #handling
3 months ago
