UEFA says it’s lost confidence in FIFA’s Infantino after failed private equity plan
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NYON, Switzerland (AP) — UEFA says it has lost confidence in FIFA President Gianni Infantino and that “no option should be off the table” as it will pursue a full review of his now abandoned plan to sell stakes of the World Cup to private equity investors.
Infantino was forced to scrap the plan early Saturday after his senior adviser who sat on a White House panel resigned and Asia’s soccer body joined Europe and North America in opposing it.
Infantino had proposed creating a $20 billion company to run the World Cup with private investors, but drew backlash that grew every day since Tuesday’s announcement.
“We must identify those responsible and hold them to account,” UEFA said in a statement on Saturday. “No option should be off the table. The current FIFA leadership has not only lost UEFA’s confidence but also that of many other members of the football family.”
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AP soccer: https://apnews.com/hub/soccer and AP World Cup coverage