FIFA Scraps World Cup Sell Off Plan After Backlash Gianni Infantino's sudden reversal on selling stakes in the World Cup is a stark reminder that even the most powerful leaders can be brought low by their own hubris and miscalculation.
The FIFA president's botched attempt to spin off commercial businesses into a $20 billion subsidiary has left the global soccer community reeling, with far reaching implications for the sport's governance and Infantino's own future.
The proposal, which would have seen private investors – including the Kushner family – take a 20% stake in World Cup operations, was met with widespread resistance from within FIFA itself.