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FIFA proposal ‘an opportunity but not an obligation’, says Infantino

FIFA proposal ‘an opportunity but not an obligation’, says Infantino

By GhanaSummary NewsroomSouth Africa2 sources

Synthesised from 2 African sources

citizen.co.zacitizen.co.zavanguardngr.comvanguardngr.com

A proposal to sell stakes in FIFA’s major competitions sparked disbelief and outrage globally since it was revealed Tuesday, but Infantino defended the idea, saying too little of football’s commercial value reached the parts of the game that need it most.

FIFA president Gianni Infantino said Wednesday that the proposed launch of a private subsidiary to exploit the commercial benefits of the World Cup was “an opportunity but not an obligation”.” Infantino insisted the proposal was centred on unlocking “previously uncaptured commercial value” and was conditional on a democratic vote of FIFA’s 211 member associations and approval by the FIFA council.

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