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UEFA had threatened to boycott FIFA tournaments, including the World Cup, unless Gianni Infantino withdrew his plans to sell stakes in FIFA competitions to private equity investors.
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The FIFA Forward Enterprise initiative, which sought to bring in billions of dollars from private investors, will not move forward, FIFA said in a statement attributed to president Gianni Infantino.
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FIFA says it's not moving forward with a controversial proposal to sell World Cup stakes in future competitions to private investors
FIFA scrapped its plan to sell stakes in the World Cup to private investors after widespread calls to boycott the tournament.
FIFA nixes a plan to sell World Cup stakes to private equity investors after mounting global opposition
FIFA President Gianni Infantino is abandoning a divisive plan to sell World Cup profits to private equity after massive pushback.
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FIFA scraps its controversial World Cup investment plan after backlash from major soccer groups.
FIFA scraps plans to sell a stake in the World Cup to private investors after widespread backlash
