European governing body UEFA demanded an explanation of who authorized the scrapped $4.2 billion proposal, titled FIFA Forward Enterprise, after it collapsed under widespread criticism last July. Although President Gianni Infantino previously apologized for the initiative during a tense meeting, he withheld operational details and required written inquiries. Council members may now examine the confidential files in Zurich, but only under strict oversight. The political fallout directly threatens Infantino's bid to secure a fourth term in office through 2031.
Key points
FIFA leadership is keeping the investment documents strictly private and away from genera…: FIFA leadership is keeping the investment documents strictly private and away from general public disclosure.
Gianni Infantino is facing organized efforts led by UEFA to remove him from the presidenc…: Gianni Infantino is facing organized efforts led by UEFA to remove him from the presidency ahead of the March election.
The controversy over the aborted World Cup stake sale threatens Infantino's campaign to e…: The controversy over the aborted World Cup stake sale threatens Infantino's campaign to extend his tenure through 2031.
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FIFA Council members may view documents related to Gianni Infantino’s doomed plan, but only in person in Zurich
FIFA will release details of President Gianni Infantino’s aborted plan to sell off stakes in future World Cups to private investors, but they will not be shared with the public.
Reports in the British media said members of the FIFA Council, the main decision-making body of football’s world governing body, will be given access to “key documents” related to the proposal, named FIFA Forward Enterprise.
However, they can only view them under “strict protocols to preserve confidentiality”, the reports said. Those include the 37 members of the council having to register for an in-person appointment to view selected paperwork in Zurich, Switzerland, in the next two weeks.
The news came out late on Monday, the deadline European football’s governing body, UEFA, had set for FIFA to release details about the $4.2bn scheme and answer questions about how the proposal came about and who approved it before the plans were dropped in July amid a worldwide backlash.
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