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Watch: Why Fifa dropped plans to sell stakes in the World Cup

Watch: Why Fifa dropped plans to sell stakes in the World Cup

Summary

FIFA has stopped plans to sell shares in its major football tournaments, including the World Cup. FIFA President Gianni Infantino said the idea caused disagreement and was not helping the original goals of the organization.

Key Facts

  • FIFA wanted to sell stakes in the World Cup and other big football events.
  • President Gianni Infantino proposed this investment plan.
  • The plan led to divisions and disagreements among stakeholders.
  • Infantino decided to drop the proposal to avoid further conflict.
  • FIFA’s main goal is to manage football competitions fairly and successfully.
  • The decision was announced within the last few hours.
  • The news was explained by BBC’s Shaimaa Khalil.
  • This decision affects the future financial and business structure of FIFA events.
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