Soccer/Futbol/Football

European soccer teams agree to boycott FIFA over private equity proposal​


Infantino scraps FIFA World Cup sell-off plan after backlash

FIFA president Gianni Infantino scrapped his proposal to sell stakes in the World Cup after widespread backlash, including from within global soccer's governing body, and a threatened boycott by European nations.

Infantino has proposed spinning off FIFA's commercial businesses, including World Cups and Club World Cups for men and women, into a $20 billion subsidiary, with 20% owned by private investors.

The "anchor investor," described by FIFA, is a New York-based investment firm created by Joshua Kushner, the younger brother of Trump's son-in-law Jared Kushner.

But in a statement late Friday, Infantino said the "proposal will not proceed."

"Having listened carefully to all the views, it has become clear that the project has created divisions of a nature that, regardless of the level of support, are no longer in the interest of the objective set out in the first place," he said.

 
Infantino scraps FIFA World Cup sell-off plan after backlash

FIFA president Gianni Infantino scrapped his proposal to sell stakes in the World Cup after widespread backlash, including from within global soccer's governing body, and a threatened boycott by European nations.

Infantino has proposed spinning off FIFA's commercial businesses, including World Cups and Club World Cups for men and women, into a $20 billion subsidiary, with 20% owned by private investors.

The "anchor investor," described by FIFA, is a New York-based investment firm created by Joshua Kushner, the younger brother of Trump's son-in-law Jared Kushner.

But in a statement late Friday, Infantino said the "proposal will not proceed."

"Having listened carefully to all the views, it has become clear that the project has created divisions of a nature that, regardless of the level of support, are no longer in the interest of the objective set out in the first place," he said.

UEFA and FIFA have always butted heads, but this time around UEFA got the backing from Africa and CONCACAF, two major conferences.
 
UEFA and FIFA have always butted heads, but this time around UEFA got the backing from Africa and CONCACAF, two major conferences.
Africa? They're Infantino's primary allies

I don't see UEFA or the others as much "better" but it was a stupid idea that wasn't gonna pass no matter which organization got involved
 
UEFA and FIFA have always butted heads, but this time around UEFA got the backing from Africa and CONCACAF, two major conferences.
UEFA to Infantino: resign or face a vote to remove you!

The European Union begins its plan to topple the FIFA president

Gianni Infantino is fighting for his future. FIFA's president faces mounting pressure from UEFA, who have told him to step down or face a vote of no confidence that could force him out.

According to British newspaper "Telegraph", UEFA's 55 member associations are ready to vote against Infantino should he refuse to resign. The continental body needs the backing of just 43 associations to call a formal vote.

 
Facts. Euros are total bitches.
Wait, you think it’s only the Euros that dive and roll around like bitches as if they’ve been fucking shot? Lmao. The South Americans invented it ffs. The USA and Canadian teams do it to the maximum too. Teams from the UK and Ireland were the last to do it but now it’s a global thing. It’s ruined it a bit and takes away how good the sport can be.
 
Wait, you think it’s only the Euros that dive and roll around like bitches as if they’ve been fucking shot? Lmao. The South Americans invented it ffs. The USA and Canadian teams do it to the maximum too. Teams from the UK and Ireland were the last to do it but now it’s a global thing. It’s ruined it a bit and takes away how good the sport can be.
ya the NBA (basketball) is worse with the flopping with Lebron sitting atop the list of clowns.
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Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner

A consortium including Jeff Bezos has agreed to buy a minority stake in Liverpool FC.

The investment is estimated to be between 30% and one-third of the club, and the ownership group has the option to become the majority shareholder in the next year.

 
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