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Fifa scraps private investment plan after backlash

Malaysia Times desk Original: Free Malaysia Today 8/1 08:42 X
Fifa scraps private investment plan after backlash
Photo: Free Malaysia Today

The world football governing body proposed the plan to allow private investment in flagship events on Tuesday, saying it could raise up to US$4.2 billion.

From the original report

“Our purpose has always been — and will always be — to unite and improve,” Fifa president Gianni Infantino said in a statement.

“As a result, this proposal will not proceed.”

This is a brief of a report by another newsroom. The excerpt below is from the original.

Read the full report at Free Malaysia Today Free Malaysia Today
Read the full translated article in Japanese →

About this story

Source
Free Malaysia Today
Originally published
Aug 1, 2026
Updated here
Aug 15, 2026
Produced by
Malaysia Times desk (brief) — reporting by the source
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