FIFA cancels privatization plan for World Cup commercial rights
Yahoo Sports • 1 min read • Latest: Aug 1, 2026, 12:30 AM
Last updated Aug 1, 2026
FIFA president Gianni Infantino announced on August 1, 2026, that the proposal for a $20 billion commercial subsidiary focusing on World Cup rights has been abandoned. The decision follows significant opposition from various football entities, including UEFA and Concacaf, who opposed the idea of private investment in the World Cup. Infantino acknowledged the plan caused divisions, highlighting the need for FIFA to unify its member associations and focus on growing football, especially in developing nations. FIFA aims to engage stakeholders to rebuild support for its initiatives moving forward.
- •FIFA announced cancellation of $20 billion commercialization plan.
- •Infantino cited divisions among football stakeholders as a key reason.
- •Senior officials, including Carlos Cordeiro, resigned in protest.
- •FIFA will shift focus to uniting member associations.
- •Plan generated threats of boycotts from European nations.
- 12:30 AMYahoo Sports — Amid threat of boycotts, FIFA ditches commercialization plan
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