Now Reading: Luis Figo urges Gianni Infantino to resign after World Cup stake proposal backlash
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Luis Figo urges Gianni Infantino to resign after World Cup stake proposal backlash
Luis Figo urges Gianni Infantino to resign after World Cup stake proposal backlash
FIFA president Gianni Infantino came under pressure to resign after abandoning his proposal to sell a 20% stake in the World Cup to private equity through the FIFA Forward Enterprise, The Hindu…
FIFA president Gianni Infantino came under pressure to resign after abandoning his proposal to sell a 20% stake in the World Cup to private equity through the FIFA Forward Enterprise, The Hindu reported. Infantino had argued the plan would raise revenue for member nations, but it drew criticism as rushed and revived concerns about playing the World Cup every two years rather than four, three continental confederations rejected it before he dropped the idea and held emergency talks with FIFA directors in Morocco. Former Portugal forward Luis Figo, writing in the Daily Mail, said 'the solution needs only three: Infantino must go,' adding that 'he has lied, deceived and tried to feather his own nest at the expense of the game he is supposed to serve.' The Hindu also named former Arsenal manager Arsene Wenger among senior FIFA officials who have lambasted Infantino's behaviour.
Indian Opinion Analysis
Three confederations rejecting the plan and Infantino then dropping it are the confirmed governance events here, the proposal's financial terms are not set out in The Hindu's report. Figo's charge that Infantino has lied, deceived and tried to feather his own nest is his own written accusation in the Daily Mail, which The Hindu carries alongside Infantino's defence that the plan would increase revenue for all FIFA member nations. Wenger is named as one of several senior FIFA officials who have criticised Infantino's behaviour, without a quotation of his own. Figo wants Infantino to step down immediately rather than wait for his attempt to be re-elected next year, and that attempt is the next scheduled test of his position.
Source: www.thehindu.com
This brief was synthesised by AI from the source linked above.
