Carlos cordeiro

Image Source: IANS

FIFA Head Infantino Drops Controversial Commercial Project After Widespread Backlash

By IANS News August 01, 2026 • 09:18 AM View: 185

Chief Operating Officer Kevin Lamour: FIFA President Gianni Infantino on Saturday announced the withdrawal of the proposed FIFA Forward Enterprise (FFE) project, which would have established a commercial subsidiary to manage FIFA's major competition rights and open part of the company's equity to external investors.

The withdrawal came after strong opposition from UEFA, several other continental confederations and key figures within FIFA.

In a statement, Infantino said FIFA had carefully considered stakeholder feedback and concluded that the project could no longer serve its original purpose.

Related Cricket News on Carlos cordeiro

'A Bad Deal For Football': FIFA Adviser Cordeiro Resigns Over Infantino's Proposal

FIFA Club World Cup: Senior FIFA adviser Carlos Cordeiro has resigned from his advisory role, distancing himself from FIFA's proposal to introduce private investment into its flagship competitions and declaring ...

By IANS News

1 month ago