UEFA set to end threat of FIFA events boycott over Infantino’s failed World Cup investor plan
Summary
UEFA, the main European soccer organization, is planning to stop threatening to boycott FIFA events after getting promises that FIFA President Gianni Infantino’s failed plan to sell World Cup commercial rights will not return. This decision allows six European teams to keep preparing for the FIFA Under-20 Women’s World Cup starting in September 2026.Key Facts
- UEFA threatened to boycott FIFA competitions because of Infantino’s failed plan to create a $20 billion company to control World Cup commercial rights.
- The proposed company would have been partly owned by private investors, including a fund led by Joshua Kushner.
- Infantino withdrew the plan within four days after backlash from UEFA and other soccer bodies.
- UEFA demanded guarantees that the plan, called FIFA Forward Enterprise, would not be brought back in any form.
- UEFA received those guarantees and will now stop the boycott threat.
- Six European teams, including France, Spain, England, Italy, Portugal, and Poland, will participate in the upcoming Under-20 Women’s World Cup.
- UEFA had earlier expressed a lack of confidence in Infantino’s leadership and aimed to block his reelection next year.
- FIFA’s next presidential election is scheduled for March 2024 in Morocco, with candidate registrations closing in November 2023.
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.