Channel NewsAsia
Channel NewsAsia
AsiaPac · 3 hrs ago

Battle lines drawn as Infantino fights to hold onto power after FIFA stake sale fiasco

Aug 4 : The reverberations from FIFA President Gianni Infantino's abandoned proposal to sell off a stake in the World Cup continued to rage on Tuesday with one media report suggesting three regional confederations had united to try to force him out of office.After three days of unprecedented civil war in the world of soccer administration last week, Infantino backed away from his plan to raise $4.2 billion from a new commercial rights body late on Friday night.The 56-year-old apologised for how the proposal, which would have brought private investment into the World Cup for the first time, had divided the game, but his once unassailable bastion of power at the top of the global governing body was shattered. Five European national associations, including England's FA, have formally withdraw
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