Why isn’t anyone challenging Infantino for FIFA’s top job?

FIFA President Gianni Infantino has abandoned a controversial proposal to sell a stake in the World Cup. This decision follows significant global outcry and opposition to the plan. The article does not specify when this plan was proposed or when it was scrapped, nor does it detail the specific nature of the global outrage. The content focuses solely on Infantino's reversal of the World Cup stake sale due to widespread negative reaction. The article does not provide information on why no one is challenging Infantino for FIFA's top job, as suggested by the title.

UEFA has declared a loss of confidence in FIFA President Gianni Infantino following the abandonment of his plan to sell stakes in the World Cup to private equity investors. The proposal, which aimed to create a $20 billion company, was scrapped after facing widespread opposition from Europe, North America, and Asia, and the resignation of Infantino's senior adviser. UEFA stated that "no option should be off the table" and will conduct a full review, emphasizing that the current FIFA leadership has lost the confidence of many within the football community. The plan reportedly involved a New York-based investment firm linked to the Kushner family.

FIFA President Gianni Infantino has abandoned his plan to sell stakes in future World Cup profits to private investors, including Joshua Kushner's Thrive Eternal. The proposal, which aimed to raise $4.2 billion by valuing a new subsidiary, FIFA Forward Enterprise (FFE), at $20 billion, faced widespread backlash. Major opponents included UEFA, other continental football bodies, and numerous national leagues and fans. Infantino cited the divisions created by the plan as the reason for its withdrawal, stating it was no longer in the project's original interest. The plan had promised FIFA member federations $20 million each, a significant increase from current distributions. The decision comes after Infantino's senior advisor resigned and UEFA threatened boycotts of FIFA events.

FIFA President Gianni Infantino has abandoned plans to sell stakes in the World Cup. The BBC's Shaimaa Khalil reported on the reasons behind this decision. While the article does not specify when this change of heart occurred, it indicates that Infantino has reversed his controversial investment proposal. The core reason for backing down, as explained by Khalil, is the controversy surrounding the initial idea. The article does not provide further details on the specific nature of the controversy or the proposed stakes.

FIFA President Gianni Infantino announced on Friday that the organization has abandoned plans to sell a stake in the World Cup to private investors. This decision comes after significant backlash from across the football community. Infantino stated that the project had created divisions that were no longer in the best interest of the original objectives. The plan to involve private investors had faced widespread opposition, prompting FIFA to reconsider its approach.

FIFA President Gianni Infantino has abandoned his plan to sell World Cup profits to private equity firms following widespread opposition. The proposal, which aimed to create a $20 billion company involving private investors, faced significant backlash from football organizations worldwide. UEFA, representing 55 member nations, threatened to boycott FIFA competitions, while CONCACAF and the Asian Football Confederation also voiced their opposition. Infantino stated the project had created divisions contrary to FIFA's objective of unity. The decision came after Infantino's senior advisor resigned, urging others to speak out against the plan.

Former FIFA President Sepp Blatter has strongly criticized FIFA's proposal to create a subsidiary to manage the World Cup and other events, with plans to sell up to 20 percent stakes to external investors. Blatter, who led FIFA for 17 years until 2015, stated that the World Cup is not a commercial asset for executives or private equity investors seeking profits, but rather belongs to the people and is part of world football's cultural heritage. He argued that transforming FIFA into a profit-oriented corporate structure would cause it to lose its soul. This plan has also drawn criticism from European football authorities like UEFA, who believe FIFA is putting the game up for sale.

Senior FIFA adviser Carlos Cordeiro resigned from his position on the White House Task Force for the World Cup in protest of FIFA President Gianni Infantino's plan to sell a stake in the organization's commercial businesses. Cordeiro, a former Goldman Sachs banker and ex-U.S. Soccer Federation president, called the proposal to create a $20 billion subsidiary with 20% private ownership a "bad deal for football," arguing that FIFA has sufficient financial resources and does not need to mortgage its future for $4.2 billion. He expressed opposition to the plan, which involves an investment firm linked to Joshua Kushner, and urged other FIFA staff to speak out. European nations have also agreed to boycott FIFA competitions in response to the plan.

Carlos Cordeiro, a senior adviser to FIFA President Gianni Infantino, has resigned in protest of FIFA's proposal to seek private investment in its World Cup and other events. Cordeiro stated the plan, which involves creating a $20 billion subsidiary with up to a 20% stake offered to external investors, is "a bad deal for football." He questioned why FIFA would sell a stake in its most valuable asset when it has substantial reserves and no debt. The proposal, reportedly bankrolled by Joshua Kushner, requires FIFA's 211 member associations to decide by September 19. Cordeiro, a former banker and ex-US Soccer Federation vice president, was appointed to help grow world football for FIFA.

UK Prime Minister Andy Burnham has called for FIFA President Gianni Infantino to resign over proposed plans to sell a stake in the World Cup. Burnham described the proposals as "outrageous" and stated that Infantino is the "wrong man to lead the organisation." This intervention makes Burnham the first leader of a major nation to demand Infantino's resignation. FIFA plans to create an investment vehicle holding World Cup commercial rights and sell a portion for $4.2 billion. The proposal has faced significant backlash from football bodies, including UEFA, and led to the resignation of a senior FIFA adviser, Carlos Cordeiro, who called it a "bad deal for football."

The Asian Football Confederation (AFC) president, Sheikh Salman bin Ebrahim Al Khalifa, has expressed strong disapproval of FIFA's plan to sell stakes in the World Cup to private investors. In a letter to the AFC's 47 member associations, he stated that the lack of consultation from FIFA was "totally unacceptable" and that the move undermines the sport's continental structure. FIFA announced its intention to create a $20 billion commercial subsidiary to manage its events, a decision that blindsided regional confederations like the AFC. Sheikh Salman emphasized that the proposal cannot succeed without the support of all confederations and called for a thorough examination through appropriate legal and governance channels.

Uefa member federations have agreed to boycott all Fifa competitions in protest of Fifa President Gianni Infantino's plan to sell stakes in the World Cup to private equity investors. The decision was made during an urgent online meeting of the 55 European football body members. Uefa stated that "some things are simply too important to sell" and that the World Cup belongs to football and will never be for sale as long as Europe has a voice. The article also mentions that the core investor would be a US investment firm created by Joshua Kushner.