FIFA's controversial World Cup stake sale scrapped after 'project has created divisions'

Executives cited a 'lack of trust' in the planTannur Anders UK & World News Reporter03:53, 01 Aug 2026FIFA's plans to sell off part of its empire have been shelved following significant opposition from officials and executives.‌It had been reported that FIFA intended to raise as much as $4.2 billion (£3.1 billion) by s

According to reports, FIFA aimed to raise up to $4.2 billion (£3.1 billion) by selling a about a 20% stake in the group, valuing the new arm at $20 billion (£14.8 billion) - but the deal has fallen through after much pushback

Gianni Infantino announced to Sky News that FIFA was scrapping plans to sell shares in the World Cup to private investors, in a climbdown following a global backlash that has imperilled his presidency.