Infantino's Hail Mary Fumble: The Backlash Against FIFA's World Cup Investment Plan The news that Gianni Infantino has scrapped plans to sell private investors a stake in the new commercial venture tied to the World Cup is less a victory for transparency than an acknowledgment of his catastrophic error in judgment.
The reaction from leading soccer organizations and top voices in the sport was swift, widespread, and devastatingly effective. In this rare instance, FIFA's governing body has been forced to listen.
The backlash against the proposed $20 billion private equity plan began long before Infantino's statement last week, gaining momentum with each passing day.