The football's governing body confirmed the decision after facing significant backlash from various stakeholders. In a statement, FIFA acknowledged that the project had generated divisions that were no longer in the interest of the original objective.
The plan, first reported by The Times on Tuesday, would have allowed external investors to purchase shares in the World Cup commercial rights. FIFA stated they made the decision after carefully listening to all opinions, though the statement did not specifically mention the criticism from football associations, players, and other stakeholders who opposed the idea. sports24.club
