Fifa scraps proposal to sell off stakes in World Cup after widespread backlash

FIFA president Gianni Infantino has abandoned his controversial proposal to sell stakes in the World Cup to private investors, stating the plan 'has created divisions' that no longer serve its intended objectives. The scheme faced fierce opposition globally, with UEFA threatening to boycott future FIFA tournaments and senior FIFA advisor Carlos Cordeiro resigning in protest on Friday. FIFA's chief operating officer Kevin Lamour also publicly criticized Infantino for a 'serious lack of respect' in attempting to push the plan through with minimal consultation.