FIFA scraps controversial $20 billion World Cup investment plan
Headline from KRDO
By Jacob Lev, Patrick Sung Cuadrado, CNN (CNN) — FIFA’s proposed plan to sell private stakes in upcoming World Cup tournaments that sparked backlash from fans and soccer associations around the world has been scrapped, FIFA president Gianni Infantino said in a statement Friday.
KRDO's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
There was a furious backlash on Wednesday to FIFA's controversial plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a private subsidiary.
By Jacob Lev, Patrick Sung Cuadrado, CNN (CNN) — FIFA’s proposed plan to sell private stakes in upcoming World Cup tournaments that sparked backlash from fans and soccer associations around the world has been scrapped, FIFA president Gianni Infantino said in a statement Friday.
Football's world governing body Fifa abandons plans to sell off stakes in its major competitions after widespread opposition to president Gianni Infantino's proposal.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
