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ZURICH, Aug 2 : Gianni Infantino's position as FIFA president looks untenable following his failed plan to sell a stake in the World Cup's commercial rights, the head of Europe's professional football leagues said on Sunday.
ZURICH: Gianni Infantino’s position as FIFA president looks untenable following his failed plan to sell a stake in the World Cup’s commercial rights, the head of Europe’s professional football leagues said on Sunday. Claudius Schaefer, whose organization represents 53 professional men’s and women’s football leagues, said there could be “only one consequence” for Infantino after his plan triggered a storm of protest from regional associations. “When I saw how this whole thing unfolded and that FIFA’s key bodies weren’t involved, then there’s essentially only one consequence in any company or association,” Schaefer told Swiss newspaper SonntagsZeitung. Asked if this meant that Infantino was now unacceptable as FIFA president, Schaefer said: “This is usually the consequence when someone in a company pushes such a business deal forward without anyone knowing about it.” Infantino said on Friday that FIFA had scrapped the plan after a widespread backlash. Regional confederations UEFA and CONCACAF said on Saturday they had lost confidence in his leadership. Schaefer, also chief executive of the Swiss Football League, said the proposal suggested that FIFA’s main goal was to maximize profits for third parties by having more and bigger competitions in future. “It’s solely about the financial advantages; everything else is completely ignored,” he said. The European Leagues opposed this because it would add more matches to an already packed international calendar to the detriment of national championships, Schaefer said. “Nobody knew about the plans, not even the FIFA Council, the governing body of FIFA.
FIFA president Gianni Infantino came under increasing fire from continental governing bodies on Saturday (Aug 1) despite scrapping a widely-derided plan to allow private investment in the World Cup . European football's governing body UEFA had led the opposition to the plan by threatening to boycott all FIFA competitions if it went ahead. Although welcoming the withdrawal of the proposal, UEFA said that Infantino had lost their "confidence" and that of other members of the football family with a "shabby, back room, opaque deal". North and Central American football's governing body CONCACAF went further still and called for "a comprehensive reckoning with this presidency" while slamming Infantino's "poor governance and leadership". Their responses came hours after Infantino had issued a statement announcing the humiliating climb-down after a furious backlash since the plan was first revealed on Tuesday. "Our purpose has always been - and will always be - to unite and improve," Infantino, who hopes to be re-elected next year for a final term, said in a statement. "As a result, this proposal will not proceed." FIFA, world football's governing body, had floated the plan on Tuesday, saying it could raise up to US$4.2 billion based on a valuation of US$20 billion for a new commercial subsidiary, called the FIFA Forward Enterprise (FFE), which it proposed would run events such as the World Cup and Club World Cup. It said that, if approved, the project could provide each of FIFA's 211 member associations with a one-off payment of US$20 million in early 2027, and increase their funding allocation for the 2027-2030 cycle from US$8 million to US$20 million.
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UEFA increased the heat on FIFA president Gianni Infantino by saying he has “lost the confidence” of the European governing body over a plan to sell stakes in a World Cup company to private investors.
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