Infantino killed his plan to sell a slice of the World Cup After UEFA threatened a full boycott, senior officials quit or rebelled, and confederations lined up against him, the FIFA president pulled the plug. The $20B scheme that would have handed private investors, including a Kushner linked fund, a piece of the tournament is dead. This was a straight power struggle. Infantino tried to spin off the commercial rights and treat the World Cup like a private asset. Europe called it an abdication of duty. His own COO said staff were deceived. A top adviser resigned in protest. For once the member associations pushed back hard enough to force a public retreat. The sell off is over. The fight over who actually controls FIFA is just getting started. Source: ESPN / Writer: Lucas
Mario NawfalShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.