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Times of India·3 min read·medium

FIFA apologises but backs Infantino after World Cup sell-off controversy

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FIFA apologises but backs Infantino after World Cup sell-off controversy
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FIFA has apologized for the mishandling of a controversial proposal to sell stakes in future World Cup profits. Despite calls for his resignation, FIFA leadership has reaffirmed its full support for President Gianni Infantino.

Why it matters

The incident highlights ongoing governance and transparency challenges within the world's largest football governing body.

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FIFA has sought to draw a line under the controversy surrounding Gianni Infantino's abandoned World Cup sell-off plan, saying senior officials have reaffirmed their full support for the president after the governing body admitted mistakes and issued an apology over the handling of the proposal.The governing body made the announcement following a crisis meeting in Rabat, Morocco, where FIFA's leadership attempted to present a united front amid mounting calls for governance reform and even demands for Infantino to step down.The controversy stemmed from Infantino's proposal to sell stakes in future FIFA World Cup profits through a commercial subsidiary known as FIFA Forward Enterprise (FFE).

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