FIFA scrapped plan to sell World Cup stakes to private investors

Forbes • 1 min read • Latest: Aug 6, 2026, 8:49 PM

Last updated Aug 6, 2026

FIFA scrapped plan to sell World Cup stakes to private investors

Summary

FIFA issued an apology on August 6, 2026, for its recently abandoned initiative to sell stakes in the World Cup to private investors. The proposal faced significant backlash, including calls for the resignation of FIFA President Gianni Infantino and statements of no confidence from major soccer organizations. This debacle highlights the ongoing tensions within the sport regarding financial management and governance. FIFA has not provided details on any potential future plans following the fallout from this initiative.

Source Links

Forbes

Key Details

•FIFA announced an apology on August 6, 2026
•The plan to sell World Cup stakes faced immediate backlash
•Calls for Infantino's resignation have emerged
•Major soccer bodies have expressed no confidence in FIFA
•Future financial strategies for the World Cup remain unclear

Latest Updates

8:49 PMForbes — Infantino's Plan For Saving Face Thoroughly Backfires - forbes.com

What they're saying

"
Infantino has faced calls to resign and statements of no confidence after he sought to plan part of the World Cup to private investors.
— Forbesby Antonio Pequeño IV

Related Teams & Leagues

Soccer