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Bangkok Post
Bangkok Post
Sport

Fifa scraps share-sale plan after fierce backlash

Fifa president Gianni Infantino has conceded that his proposal to bring in outside investors — including a firm linked to Donald Trump’s son-in-law — “has created divisions”. (Photo: Reuters)

Fifa’s plan ⁠to ⁠sell a piece of ​its business empire to outside investors has collapsed following an open ​revolt by football officials worldwide and ‌a major rift among top Fifa executives.

“Having listened ⁠carefully to all the views, it has become clear that the ​project has created divisions of ​a ‌nature that, regardless of the ​level ⁠of support, are no ⁠longer in the interest of the objective set ⁠out in the ​first place,” Fifa president Gianni Infantino said in a statement on Friday evening.

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