Gianni Infantino’s controversial plan to sell off the World Cup has been met by fierce criticism
  • plyth@feddit.orgEnglish
    52·
    1 month ago

    Why sell off shares if they have billions from the worldcup? Which leverge does the US have to make Infantino propose the deal?

    • JensSpahnpasta@feddit.orgOPEnglish
      16·
      1 month ago

      From another article:

      Infantino is plotting a scheme whereby Fifa would retain majority control of a new enterprise, and the rest would be sold, partly to each of Fifa’s 211 national associations should they wish to invest, and partly to private investment. The plan could potentially see Infantino installed as the “commissioner” of the World Cup when his Fifa presidency finally ends in 2031, a position that would prove extremely lucrative, according to The Times .

      He has to step down as Fifa president in 2031, so he wants to privatize the lucrative parts to himself