At the last moment: FIFA president cancels plan to sell World Cup rights

FIFA President Gianni Infantino has canceled a plan to sell part of the World Cup rights to private investors. The decision came just two days after the initiative was presented, which sparked protests from football associations and threats of a boycott. The plan involved creating a company worth $20 billion to manage FIFA's commercial assets.

FIFA President Gianni Infantino has canceled a plan to sell part of the ownership rights to the World Cup to private investors. The decision was made just two days after the initiative was presented, which was described as one of the most ambitious and controversial in the organization's history. The retreat occurred amid an unprecedented wave of protests from football associations and high-ranking officials, as well as a real threat of a boycott of all FIFA projects. The plan involved creating a new company with an estimated value of $20 billion that would manage all of FIFA's commercial assets, including the men's World Cup and the Club World Cup. The article does not contain comments from Infantino himself or other officials explaining the reasons for the cancellation.