SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Economy News

The Economic Times

Economy / The Economic Times

details

Fifa president Infantino abandons $20 billion World Cup plan after global backlash

Fifa president Gianni Infantino abandoned his plan to sell World Cup profits to private equity. This decision followed significant pushback from football organizations across the globe. UEFA, CONCACAF, and the Asian Football Confederation all voiced strong opposition to the proposal. Infantino stated the project created divisions no longer serving its original purpose.

2 Aug 2026 12:47 am