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FIFA apologise for World Cup privatisation plan
(FILES) This photo taken on October 8, 2015 in Zurich shows the entrance sign with the logo at the FIFA world headquarters. World football's governing body FIFA vowed on July 31, 2026 to press ahead with an "open and democratic" consultation on a proposed private investment plan despite widespread opposition to the proposal. (Photo by Fabrice COFFRINI / AFP)
International News, Latest News
August 5, 2026

FIFA apologise for World Cup privatisation plan

PARIS, France (AFP)—FIFA’s leadership apologised on Wednesday following the controversy over the plan to open the World Cup to private investment while reaffirming its “full support” for president Gianni Infantino.

In a statement, FIFA’s leadership acknowledged “that errors were also made after the proposal was leaked to media”.

“Following a meeting in Rabat, Morocco, the FIFA Secretary General and members of the FIFA Management Board in attendance reaffirmed their full support for FIFA President Gianni Infantino, as the only official elected by the 211 FIFA Member Associations,” the statement added.

Infantino has come under increasing pressure, even from within his organisation, over his handling of the proposal, and calls for him to step down have grown since he abandoned it last Saturday.

FIFA floated the plan, saying it could raise up to $4.2 billion based on a valuation of $20 billion for a new commercial subsidiary, called the FIFA Forward Enterprise (FFE), which it proposed would run events such as the World Cup and Club World Cup.

It said that, if approved, the project could provide each of FIFA’s 211 member associations with a one-off payment of $20 million in early 2027, and increase their funding allocation for the 2027-2030 cycle from $8 million to $20 million.

Instead of acting as a sweetener it produced a furious backlash, with European football’s governing body UEFA resorting on Thursday to the nuclear option of boycotting the sport’s jewel in the crown, the World Cup.

By Saturday, Infantino held his hands up and withdrew the plan.

“Our purpose has always been — and will always be — to unite and improve,” said Infantino.

Tags:

apology FIFA FIFA President Gianni Infantino
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