FIFA Chief Gianni Infantino on the Ropes as He Ditches Controversial $20 Billion Private Investment Plan

Gianni Infantino, the embattled president of soccer’s governing body FIFA, has abandoned his controversial plan to create a $20 billion company that would control the commercial rights to its events, principally the World Cup. In a statement released late Friday, Infantino said it had “become clear that the project has created divisions of a nature…