FIFA CRISIS: INFANTINO’S ADVISER QUITS OVER $4.2BN WORLD CUP PLAN


 

*NEXVIEW TV SPORTS*

By 

Sarki Halima Musa 


 *FIFA CRISIS: INFANTINO’S ADVISER QUITS OVER $4.2BN WORLD CUP PLAN*


A fresh crisis don hit FIFA after Gianni Infantino’s senior adviser, Carlos Cordeiro, resigned with immediate effect. Cordeiro, former US Soccer President and ex-Goldman Sachs VP, quit over FIFA’s controversial proposal to sell part of the World Cup commercial rights. In a strong statement, he called the deal a threat to the future of football and said he had no involvement in it.


 

The proposal is for FIFA to create a new company, FIFA Forward Enterprise (FFE), valued at about $20 billion.The plan is to sell 20% stake to private investors to raise roughly $4.2 billion. FIFA says the goal is to unlock investment for global football development and insists it is not selling football.


Cordeiro argued there’s no need for the deal. He said FIFA already has billions in reserves, no debt, and generated about $15 billion in revenue between 2022-2026. He also questioned the lack of transparency — the rush, no broad consultation, and no clarity on who benefits. He warned that decisions of this size need the backing of FIFA’s member associations.


Opposition is growing fast. UEFAhas threatened to boycott future FIFA competitions if it goes ahead. AFC and CONCACAF have also publicly rejected it. Together, the three confederations control 143 of FIFA’s 211 member associations enough to block the proposal. FIFPRO also condemned the process, saying major football decisions need inclusive consultation, not speed.

 

Despite the backlash, FIFA says consultations will continue ahead of the September 19 voting deadline and maintains the process is still ongoing.



#NEXVIEWTV #NEXVIEWSports #FIFACrisis #WorldCup #GianniInfantino 

#CarlosCordeiro #FIFAForward #UEFA #FIFPRO #FootballNews

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