DeFi Daily News
Wednesday, August 5, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Other News Sports

rewrite this title FIFA backs Infantino in vow over World Cup sell-off crisis: ‘No longer tolerate any attacks’

Ben Miller by Ben Miller
August 5, 2026
in Sports
0 0
0
rewrite this title FIFA backs Infantino in vow over World Cup sell-off crisis: ‘No longer tolerate any attacks’
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Gianni Infantino’s hugely controversial plan to sell stakes in the World Cup “should have been handled differently”, the governing body has said in a statement backing its under-pressure president.

FIFA was forced to withdraw the Forward Enterprise (FFE) proposal, which faced fierce criticism from across the game and led to European body UEFA and its members threatening a boycott of the organisation’s tournaments.

Infantino had offered FIFA’s 211 member associations £30 million each if they backed private investment in tournaments, defending the proposals as recently as Friday before backing down and accepting the idea had created “divisions”.

FIFA president Gianni Infantino

What have FIFA said? Full statement on World Cup plan

Following a meeting in Rabat, the FIFA Secretary General and members of its Management Board “reaffirmed their full support” for Infantino as “the only official elected” by the associations.

Earlier on Wednesday, Canadian Prime Minister Mark Carney said Infantino’s failure to consult senior advisers including FIFA’s chief operating officer and board members “should be fatal”.

Carney said Infantino committed a “fatal” governance failure by not consulting senior advisers, including FIFA’s chief operating officer and board members.

“It was discussed and agreed that the processes, communications and interactions between the FIFA President, the FIFA Secretary General and the FIFA Management Board that support the delivery of [Infantino’s] vision can and should always be continuously improved in terms of their effectiveness and efficiency,” FIFA said.

“The great work of the FIFA Administration that ensured a successful delivery of the FIFA World Cup 2026 was acknowledged, and which would not have been possible without the FIFA President, the FIFA Secretary General and FIFA Administration speaking as one voice and working as one team.

“In this regard, FIFA’s top management is fully confident that the outcomes of today’s meeting will strengthen FIFA’s governance, help restore confidence in the organisation and enable us to prepare for the major events and challenges ahead in a united and transparent manner while continuing our mission to develop the game around the world.”

FIFA president Gianni InfantinoFIFA president Gianni Infantino

Gianni Infantino: FIFA will not ‘tolerate attacks on integrity’

The statement said “mistakes” had been “acknowledged” around the investment proposal. “It was agreed that it was not the intention for the FIFA Council and FIFA Member Associations to feel excluded from the process and that the process should have been handled differently,” it added.

“It was further acknowledged that errors were also made after the proposal was leaked to media.

“In a separate letter to the FIFA Council and FIFA Member Associations, an apology was made for these errors together with a commitment to ensure they do not happen again.

“A review will now be conducted and a report will be presented to the FIFA Council at its next scheduled meeting.

“As previously communicated, the FFE proposal, which would have been subject to the approval of the FIFA Member Associations and the FIFA Council, is now off the table.

“With the project withdrawn, it was agreed that FIFA will no longer tolerate any attacks on its integrity, good governance and due process and will take all necessary measures to protect and safeguard its name and reputation.

FIFA president Gianni Infantino and US president Donald TrumpFIFA president Gianni Infantino and US president Donald Trump

“There are always lessons to be learned and FIFA will continue to improve its processes in light of this experience.

“In this instance, however, it is important to stress that, although mistakes were made, everything that was done was done in full compliance with the FIFA regulatory framework.

“FIFA will work closely with the relevant stakeholders to examine how it can further support the development of the game through the FIFA Forward programme for the benefit of [our] Member Associations, the Confederations and the Regional Associations.”

FIFA World Cup proposal

The initial idea was to sell a percentage of the commercial rights to FIFA’s flagship events, including the men’s and women’s World Cup, to investors and form a new subsidiary – FIFA Forward Enterprise (FFE).

FIFA said Thrive Eternal, an American venture capital firm founded by Joshua Kushner – the brother of US president Donald Trump’s son-in-law Jared – would lead the investor group. 

It had been reported Infantino would become the chief executive of FFE and command an annual salary akin to that of NFL commissioner Roger Goodell, who earns around $64m a year. Infantino’s current approximate salary is $6m.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: attacksBackscrisisCupFIFAInfantinoLongerrewriteSellOfftitletolerateVowWorld
ShareTweetShare
Previous Post

rewrite this title Russia Enacts Sweeping Crypto Regulation: Here Are the Details

Next Post

rewrite this title Abode Expands Into the New Age of Home Security With Unique Outdoor Sensors – CNET

Next Post
rewrite this title Abode Expands Into the New Age of Home Security With Unique Outdoor Sensors – CNET

rewrite this title Abode Expands Into the New Age of Home Security With Unique Outdoor Sensors - CNET

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title and make it good for SEOOakmark Fund U.S. Equity Market Q2 2026 Commentary

rewrite this title and make it good for SEOOakmark Fund U.S. Equity Market Q2 2026 Commentary

July 13, 2026
rewrite this title Michael Carrick: Man United have ‘great foundation’ before Arsenal ‘challenge’

rewrite this title Michael Carrick: Man United have ‘great foundation’ before Arsenal ‘challenge’

January 24, 2026
“The Sky Is Falling But I Feel Great Going Forward” – Boston Connor On Patriots Super Bowl Loss

“The Sky Is Falling But I Feel Great Going Forward” – Boston Connor On Patriots Super Bowl Loss

February 9, 2026
Investing long-term in quality stocks, homebuying tips, choosing the best travel credit cards

Investing long-term in quality stocks, homebuying tips, choosing the best travel credit cards

April 25, 2025
rewrite this title Trump’s Fed Chair Announcement Likely This Week: Is It the Needed Crypto Bullish Catalyst?

rewrite this title Trump’s Fed Chair Announcement Likely This Week: Is It the Needed Crypto Bullish Catalyst?

December 1, 2025
rewrite this title Bitso Review [currentyear]: Is This Exchange Regulated and Reliable?

rewrite this title Bitso Review [currentyear]: Is This Exchange Regulated and Reliable?

March 12, 2026
rewrite this title Abode Expands Into the New Age of Home Security With Unique Outdoor Sensors – CNET

rewrite this title Abode Expands Into the New Age of Home Security With Unique Outdoor Sensors – CNET

August 5, 2026
rewrite this title FIFA backs Infantino in vow over World Cup sell-off crisis: ‘No longer tolerate any attacks’

rewrite this title FIFA backs Infantino in vow over World Cup sell-off crisis: ‘No longer tolerate any attacks’

August 5, 2026
rewrite this title Russia Enacts Sweeping Crypto Regulation: Here Are the Details

rewrite this title Russia Enacts Sweeping Crypto Regulation: Here Are the Details

August 5, 2026
rewrite this title Meta Debuts AI Coding Agent Muse: Here’s How It Compares to Claude Code and Codex – Decrypt

rewrite this title Meta Debuts AI Coding Agent Muse: Here’s How It Compares to Claude Code and Codex – Decrypt

August 5, 2026
rewrite this title *HOT* Joyspun Women’s 2-Piece Pajamas only , plus more!

rewrite this title *HOT* Joyspun Women’s 2-Piece Pajamas only $9, plus more!

August 5, 2026
rewrite this title 3 Minutes a Day Could Keep Your Skin Healthier as You Age

rewrite this title 3 Minutes a Day Could Keep Your Skin Healthier as You Age

August 5, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.