FIFA President Infantino stays in office after apologizing for World Cup stake proposal

Gianni Infantino, the head of FIFA, has expressed regret for errors made regarding a controversial plan to sell a portion of the World Cup's commercial rights to private entities, a proposal that has since been scrapped. After emergency discussions held in Morocco, the FIFA leadership team backed Infantino, ensuring he continues his role as President. The initiative had aimed to secure $4.2 billion in funding by offering a 20% stake to outside investors.

by shortkt.com
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FIFA President Infantino stays in office after apologizing for World Cup stake proposal | ShortKT