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UEFA strongly opposed the project
Former FIFA president Sepp Blatter has commented on current president Gianni Infantino’s intention to sell the World Cup to private investors in the form of shares, and he will take on a commissioner-like role in this new project.
Blatter directly attacked Gianni Infantino as the former FIFA president strongly criticized the plan It was reported by The Times and The Telegraphwhich involves setting up a new company to manage the commercial rights to the World Cup, Women’s World Cup and Club World Cup, allocating 20 to 30% of its capital to private investors.
This operation, the cost of which is estimated at approximately 17.3 billion euros, continues to cause great controversy in the football world. For Blatter, this approach is a direct threat to the essence of the game.
He stated, according to the website.Miss Mercato“The close relationship between the president of FIFA and the president of the United States has reached a financial dimension that seriously harms football. “No one has the right to sell our sport,” he said, specifically referring to alleged ties to investors in Donald Trump’s inner circle.
Sepp Blatter’s latest announcement comes amid growing opposition to the Infantino project. Following a strong statement from the European Football Association (UEFA), which affirmed that “the spirit and governance of football are not for sale”, the former FIFA president offered his implicit support to opponents of this reform.
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Many leaders fear that the for-profit approach imposed by private shareholders will lead to the World Cup being held more frequently, expanding its scope or awarding its hosting, largely on commercial criteria.
With Gianni Infantino also nominated to lead this future body after his current mission ends, allegations of conflict of interest mount and pressure on FIFA mounts.
