FIFA reaffirms support for Infantino and apologizes for abandoned World Cup investment plan

FIFA’s executive committee issued a statement on Tuesday reaffirming its full backing of President Gianni Infantino while also apologising for the way it managed the now‑abandoned proposal to open the World Cup to private investment. The organization said the plan, which aimed to allow external investors to acquire stakes in the tournament’s commercial rights, was withdrawn after provoking a strong international backlash.

The committee acknowledged that the proposal should have been handled differently, citing concerns raised by member associations, sponsors and fans about the potential impact on the sport’s integrity and the equitable distribution of revenues. Critics argued that the initiative threatened to commercialise the flagship event beyond acceptable limits, prompting widespread calls for clarification and ultimately leading FIFA to scrap the scheme.

In concluding its remarks, FIFA reiterated its confidence in Infantino’s leadership and pledged to adopt more transparent and consultative processes for future initiatives. The governing body emphasized its commitment to preserving the World Cup’s values while ensuring that any reforms are developed in line with the expectations of its global stakeholders.