₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,344,670 members, 8,513,079 topics. Date: Wednesday, 04 November 2026 at 12:23 PM

Toggle theme

FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash - Sports - Nairaland

Nairaland Forum › Entertainment › Sports › FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash (6107 Views)

1 2 Reply (Go Down)

FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by bolaayenimo(op): 12:17pm On Aug 01
World football’s governing body, FIFA, has said it will not proceed with its proposal to sell a piece of its business empire to outside investors after the project ⁠was met with fierce resistance from some of its member associations.

FIFA’s plan was to raise up to $4.2bn by selling about a 20 percent stake in a new unit that would run FIFA events including the ‌World Cup, valuing it at $20bn.


The proposal, first announced on Tuesday, was strongly opposed by European football’s governing body, UEFA, which voted on Thursday to boycott FIFA competitions.

In a statement, UEFA said that it was “irresponsible and indefensible that a proposal of such significance for football was conceived in secret”.

The Switzerland-based organisation’s statement also accused FIFA of putting the sport’s “soul” up for sale.

“Having listened carefully to all the views, it has become clear that the project has created divisions of a nature ⁠that, regardless of the level of support, are ⁠no longer in the interest of the objective set out in the first place,” FIFA President Gianni Infantino said in a statement late on Friday evening.

“Our purpose has always been – and will ⁠always be – to unite and improve. As a result, this proposal will not proceed.”

https://www.aljazeera.com/sports/2026/7/31/fifa-forced-to-scrap-world-cup-private-investment-plan-after-backlash

Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Flangelo12: 12:23pm On Aug 01
Infantino should resign.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by chiiraq802(m): 12:50pm On Aug 01
The Fédération Internationale de Football of Argentina(FIFA). forced to scrap 20% world cup private investment plan after backlash.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by dominique(mod): 2:40pm On Aug 01
I knew they won't proceed with it ever since UEFA threatened to cut ties with FIFA if they sell the stakes. CAF no just put mouth because they know their voice no too loud.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Classicals: 2:44pm On Aug 01
This is the completion that some people claim has ended the Goat debate . That the years of competition messi and Ronaldo had during their laliga days are nothing.

A competition that one committee just decides the outcome.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Nackzy: 2:44pm On Aug 01
Trump don finish this Guy
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by ZombieDredd: 2:46pm On Aug 01
dominique:
I knew they won't proceed with it ever since UEFA threatened to cut ties with FIFA if they sell the stakes. CAF no just put mouth because they know their voice no too loud.
CAF wey go support infantino already.

Na oh yes members CAF be...
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by givedemwotowoto: 2:46pm On Aug 01
If it were Tilumbu he would’ve said “I will continue with my (fake) reforms” and then proceeded to hire PR firms to spew propaganda of how the (fake) reforms are working
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by 89green: 2:46pm On Aug 01
But pinnick wont be happy na grin

Tramp has finish the fifa man
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Mattswaggz:
The greed in humanity is increasing astronomically of late......everyone is just bothered about more money...only God knows how the society will be in the next 10-20yrs.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Reloadedisraelp: 2:48pm On Aug 01
Them don turn football to business ....no Wonder my nighas nor dey win again... . Na God go punish infinito sad
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Omoreal01: 2:49pm On Aug 01
Guess who suggested the idea in the initial phase to the corrupt FIFA president? Na one madman from America... I see all of them running to get soccer into their kids after the world cup, lol... Awon werey opportunists!
bolaayenimo:
World football’s governing body, FIFA, has said it will not proceed with its proposal to sell a piece of its business empire to outside investors after the project ⁠was met with fierce resistance from some of its member associations.

FIFA’s plan was to raise up to $4.2bn by selling about a 20 percent stake in a new unit that would run FIFA events including the ‌World Cup, valuing it at $20bn.


The proposal, first announced on Tuesday, was strongly opposed by European football’s governing body, UEFA, which voted on Thursday to boycott FIFA competitions.

In a statement, UEFA said that it was “irresponsible and indefensible that a proposal of such significance for football was conceived in secret”.

The Switzerland-based organisation’s statement also accused FIFA of putting the sport’s “soul” up for sale.

“Having listened carefully to all the views, it has become clear that the project has created divisions of a nature ⁠that, regardless of the level of support, are ⁠no longer in the interest of the objective set out in the first place,” FIFA President Gianni Infantino said in a statement late on Friday evening.

“Our purpose has always been – and will ⁠always be – to unite and improve. As a result, this proposal will not proceed.”

https://www.aljazeera.com/sports/2026/7/31/fifa-forced-to-scrap-world-cup-private-investment-plan-after-backlash
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Sheuns(m): 2:52pm On Aug 01
Amani Pinnick see you life outside.

I support am mentality. So long it’ll put some meat in your mouth.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Kalulu44: 2:52pm On Aug 01
dominique:
I knew they won't proceed with it ever since UEFA threatened to cut ties with FIFA if they sell the stakes. CAF no just put mouth because they know their voice no too loud.
Lolz! Who tell you say CAF no put mouth bcus their voice no too loud. CAF and it members association especially Nigeria are praying for the plan to go thru. $40m to each federation no be chere kambia o.
Even South America (Conmebol) was expecting same.
Uefa and its associations get money nah, that's why dem no care.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Love800(m): 2:52pm On Aug 01
Seems am the only one that does not understand a thing in dis write-up.

Anybody here for clarification please.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Dalohad: 2:53pm On Aug 01
Infantino don finish FIFA kpata kpata.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Kalulu44: 2:54pm On Aug 01
ZombieDredd:
CAF wey go support infantino already.

Na oh yes members CAF be...
The money wey each association go collect na big money nah, that's why CAF they in support. NFF wey don dey lick mouth already in anticipation of $40m.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Flangelo12: 2:56pm On Aug 01
Trump and his greedy in-laws that don't know anything about football weee trying to cash-in.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by ekukeku(m): 2:57pm On Aug 01
Na Almaju picnic support FIFA

normally dem be corrupt body
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by gentlekeny(m): 2:57pm On Aug 01
CAF will never vote against it. Useless puppet
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Dalohad:
Love800:
Seems am the only one that does not understand a thing in dis write-up.

Anybody here for clarification please.
Infantino swallowed so much money, such that after the success of the World cup, some American firms say dem wan buy 20% FIFA assets. Infantino begin nod him bald head like agama. grin

CONCACAF (North America) support am, but UEFA (Europe) people no gree, dem say dem go pull out from FIFA and boycott FIFA games if Infantino try am..CAF (Africa) just siddon dey look. Dem no kukuma get mouth like that.

Now Infantino don see say, if UEFA pull out, na only skeleton go remain for FIFA, he come pipe low. He say dem no go sell again..

Na wetin happen be dat..

Oya buy me Hero beer, na only 1 bor... I dey drink. grin
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Svoboda(m): 3:04pm On Aug 01
dominique:
I knew they won't proceed with it ever since UEFA threatened to cut ties with FIFA if they sell the stakes. CAF no just put mouth because they know their voice no too loud.
Caf needed the proposed 4b dollars so badly.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Omoawoke(m): 3:06pm On Aug 01
Everything about Trump is corruption

Trump ushers in darkness to the world
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Omoawoke(m): 3:07pm On Aug 01
Mattswaggz:
The greed in humanity is increasing astronomically of late......everyone is just bothered about more money...only God knows how the society will be in the next 20-20yrs.
And this system was created for power drunk and control freaks who created artificial scarcity and a horrible world to keep people dependent and on survival mode
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Theama(m): 3:12pm On Aug 01
Dalohad:
Infantino swallowed so much money, such that after the success of the World cup, some American firms say dem wan buy 20% FIFA assets. Infantino begin nod head.

CONCACAF (North America) support am, but UEFA (Europe) people no gree, dem say dem go pull out from FIFA and boycott FIFA games if Infantino try am..CAF (Africa) just siddon dey look.
I don't think CONCACAF supported it.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by FatherLord: 3:21pm On Aug 01
But then again UEFA and also usa are not happy lowkey that FIFA is not controlled by them. UEFA opposing the 20% sale is not in the interest of the football public but thier own ego . They felt left out of the initial conception of the idea and nothing more
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by judewrites: 3:23pm On Aug 01
Infantino will lose out FIFA presidency next year because of this investment debacle.

A new FIFA presidency loading.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Inspirer1: 3:37pm On Aug 01
Next is to push for his resignation. UK will strongly push for his resignation....they are already putting up polls for this on some of their sports newspapers.
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Inspirer1: 3:40pm On Aug 01
Kalulu44:
The money wey each association go collect na big money nah, that's why CAF they in support. NFF wey don dey lick mouth already in anticipation of $40m.
which will likely be mostly embezzled o
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Kalulu44: 3:43pm On Aug 01
Inspirer1:
which will likely be mostly embezzled o
Hahahaha, wetin you be dey expect
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Emeskhalifa(m): 3:56pm On Aug 01
Why na?

Isn't the 20% supposed to generate funds for fifa??
Re: FIFA Forced To Scrap 20% World Cup Private Placement Following Backlash by Mrexcell(m): 4:18pm On Aug 01
Infantino has no other choice imagine a world cup without european teams? Why does corrupt infantino want to turn the sacred world cup into a commercial tournament where the highest investors and shareholders will definitely be influencing?
1 2 Reply

Amaju Pinnick Backs FIFA's Plan To Sell 20% World Cup Stake • Rivers United Forced To Train In The Dark In Libya (Photo) • PSG: Lionel Messi Forced To Leave His Award Behind At Barcelona • 2 • 3 • 4

Do You Think Lionel Messi Deserve This 2026 World Cup? • 30 Days To Abuja International Marathon: Organisers Unveil Lead-up Activities • 100 Naira To 1 Million Naira