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Infantino drops plan to sell World Cup profits after worldwide pushback

Infantino drops plan to sell World Cup profits after worldwide pushback

By GhanaSummary NewsroomPan-Africa

While FIFA insisted that “no one is selling football,” on Friday Infantino's senior advisor Carlos Cordeiro, a former Goldman Sachs banker who represented the soccer body on the White House Task Force for the World Cup, resigned and urged other senior FIFA staff to speak out.

Gianni Infantino FIFA President Gianni Infantino is dropping his divisive plan to sell World Cup profits to private equity after worldwide uproar against the scheme." Infantino had proposed creating a $20 billion company to run the World Cup with private investors including Joshua Kushner, the younger brother of US President Donald Trump's son-in-law, Jared Kushner, but drew backlash that grew every day since Tuesday's announcement.

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