FIFA president Gianni Infantino has scrapped his controversial plan to allow private investment in the World Cup, following widespread global backlash and threats of a UEFA boycott (independent.ie). The decision came after UEFA, the European football governing body, expressed a loss of confidence in Infantino over the “shabby, back room, opaque” deal (irishexaminer.com). The plan, which aimed to sell stakes in a World Cup company to private investors, sparked outrage among football officials and fans worldwide, even among Infantino’s allies (nbcnews.com).

The fallout began when UEFA threatened to boycott the World Cup and all FIFA tournaments if the privatization proposal was approved. This led to a rapid reversal of the plan, with Infantino announcing a U-turn just days after initial support (independent.co.uk). The move has intensified pressure on Infantino, with calls for him to resign over what critics called a “back-room deal” (espn.com.au). Despite the reversal, Infantino has not indicated he will step down from his role as FIFA president (thesun.co.uk).

The collapse of the plan highlights deep divisions within global football governance, with UEFA and other stakeholders rejecting the privatization approach. The decision underscores the political and financial complexities of managing the World Cup, one of the most prestigious sporting events in the world.