FIFA World Cup plan fallout: AFC reacts as Infantino scraps investment push

FIFA-world-cup" class="entity-link entity-event" data-entity-id="1741" data-entity-type="event">FIFA World Cup plan fallout: AFC reacts as Infantino scraps investment pushAsian Football Confederation says FIFA future must be ‘shaped through proper consultation’ after World Cup plan fallout.Asian Football ‌Confederation (AFC) President Sheikh Salman bin Ebrahim Al Khalifa has ⁠welcomed FIFA’s ⁠decision to walk back plans to sell a stake in the World Cup and stressed the need ⁠to discuss all such moves with transparency in the future.FIFA’s plan was to raise up to $4.2bn by ⁠selling about a 20 percent stake to private investors in a new unit that would run FIFA events, including the World Cup.Recommended Stories list of 4 itemslist 1 of 4Why has Infantino scrapped FIFA’s World Cup investment plan? What to knowlist 2 of 4FIFA forced to scrap World Cup private investment plan after backlashlist 3 of 4FIFA COO Lamour says staff deceived over Infantino’s World Cup planlist 4 of 4Infantino’s senior adviser resigns over ‘bad’ FIFA-world-cup" class="entity-link entity-event" data-entity-id="1741" data-entity-type="event">FIFA World Cup planend of listThe proposal, first announced on Tuesday, had faced a storm of ‌opposition from regional confederations, including the AFC, which said they were blindsided by the announcement.Following the backlash, FIFA President Gianni Infantino said world football’s governing body had scrapped the plans after listening “carefully to all the views”.In a letter posted on the AFC’s website on Saturday, Sheikh Salman ⁠said he expects “any initiative that has the ⁠potential to impact global football will be presented and discussed with the Confederations, the FIFA Council, Member Associations and other stakeholders in a timely, ⁠transparent and meaningful manner”.“The future of global football must always be shaped through proper ⁠consultation, collective dialogue and respect for ⁠the established governance structures of our game,” he said.On Thursday, Sheikh Salman, in a letter to member associations, had said the way the FIFA proposal had been made was “totally unacceptable“.The Kuala Lumpur-based AFC is one of FIFA’s six confederations and is responsible for running ‌regional ‌club and national team competitions across continental Asia, the Middle East and Australia.