August 1, 2026
FIFA has abandoned its controversial proposal to sell ownership stakes in the World Cup tournament to outside investors. The plan, which would have allowed private entities to purchase portions of FIFA's flagship competition, faced significant opposition and has now been shelved. FIFA President Gianni Infantino had been exploring this privatization scheme as a potential revenue generator for the organization.
Who is affected
What action is being taken
Why it matters
What's next
Read full article from source: BBC