Carlos Cordeiro resigns from FIFA over controversial subsidiary plan

Yahoo Sports1 min read • Latest: Jul 31, 2026, 3:07 PM

Last updated Jul 31, 2026

Carlos Cordeiro resigns from FIFA over controversial subsidiary plan
Summary

Carlos Cordeiro has resigned as senior advisor to FIFA President Gianni Infantino in response to plans for 'FIFA Forward Enterprises', a proposed $20 billion commercial subsidiary. Cordeiro criticized the plan as detrimental to soccer, asserting it alters FIFA's structure without justification. His resignation reflects the intensifying pushback against the proposal, which UEFA and other governing bodies have pledged to boycott. Despite FIFA's insistence that it is not selling football, significant concern remains about the future of the sport under these plans.

Source Links
Market Watch
  • Cordeiro dubbed the deal a 'bad deal for soccer'.
  • UEFA and CONCACAF oppose the proposed subsidiary plan.
  • FIFA claims no intention to sell football; resistance is mounting.
  • Cordeiro served FIFAs for over five years before resigning.
  • Questions about governance and accountability remain unanswered.
Latest Updates
  • 3:07 PMYahoo SportsGianni Infantino's ally blasts FIFA plans as 'a bad deal for soccer' in brutal resignation statement
What they're saying
"

Carlos Cordeiro, a senior advisor to FIFA President Gianni Infantino, has resigned in protest over the governing body's plan to form a $20 billion commercial subsidiary called 'FIFA Forward Enterprises'

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days