Herbert Hainer expresses relief over FIFA's abandoned privatization plan
Yahoo Sports • 1 min read • Latest: Aug 13, 2026, 11:30 PM
Last updated Aug 13, 2026
Herbert Hainer, president of Bayern Munich, welcomed the cancellation of FIFA's proposal to sell World Cup rights to private investors. FIFA president Gianni Infantino had announced plans for a $20 billion company to manage major tournaments, drawing significant backlash from UEFA and CONCACAF. Hainer criticized the lack of transparency surrounding the initiative, emphasizing football should remain governed by its principles rather than private interests. He called for measures to prevent similar proposals from arising in the future.
- •Hainer found FIFA's privatization idea 'absurd' and welcomed its dismissal.
- •The proposal sought to create a $20 billion company for tournament management.
- •UEFA and CONCACAF opposed the privatization plan from the outset.
- •Hainer emphasizes the need for transparency in football governance.
- •He warns about risks of foreign investors influencing football decisions.
- 11:30 PMYahoo Sports — Herbert Hainer relieved FIFA’s privatization plan is dead
"Bayern’s president welcomed the end of FIFA’s controversial plan.
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