FIFA abandons World Cup privatisation plan after fierce backlash
FIFA abandoned plans to privatize the World Cup on August 1 after widespread opposition and boycott threats. The organization had proposed selling a 20 percent stake to private investors through a commercial subsidiary. President Gianni Infantino said the project created divisions incompatible with FIFA's goal to unite the sport.
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Published 01 Aug 2026, 00:07 UTC · Updated 01 Aug 2026, 00:10 UTC
Summary by OZbrief Editorial. Original report: SBS News – World. Editorial policy · Corrections
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