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FIFA scraps controversial private investment plan after backlash

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FIFA president Gianni Infantino said on Saturday he has scrapped a plan to allow private investment in the World Cup following fierce backlash from football officials worldwide.

“Our purpose has always been – and will always be – to unite and improve,” Infantino 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 $4.2 billion based on a valuation of $20 billion for a new FIFA Forward Enterprise (FFE), a commercial subsidiary it proposed to run events such as the World Cup and Club World Cup.

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It said that, if approved, the project could provide each of FIFA’s 211 member associations with a one-off payment of $20 million in early 2027 and increase their funding allocation for the 2027-2030 cycle from $8 million to $20 million.

The Asian Football Confederation, which represents 47 member nations, welcomed the plan’s withdrawal on Saturday.

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A world cup without european football?
Cover image: A world cup without european football? AP Photo/Brynjar Gunnarsson – Brynjar Gunnarsson

Any initiative that may impact global football should be “presented and discussed with the Confederations, the FIFA Council, Member Associations (MAs) and other stakeholders in a timely, transparent and meaningful manner,” the Kuala Lumpur-based body said in a statement.

The Mexican Football Federation also welcomed the move, saying that “unity among all the Confederations and Federations has been prioritised for the good of football”.

Earlier this week, European football’s governing body UEFA said none of its national teams would participate in any FIFA competition “for so long as these proposals remain alive”.

The Asian Football Confederation (AFC) and North American and Caribbean federation (CONCACAF) also condemned the move.

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“The World Cup cannot be treated as an investment product,” UEFA said in a statement. “No part of it should ever be surrendered to private investors. The World Cup is not for sale.”

Read moreInfantino’s senior advisor resigns amid outrage over FIFA’s private investment plan

Pressure mounted on Infantino on Friday with the resignation of senior advisor Carlos Cordeiro, who called the idea “a bad deal for FIFA’s member associations, a bad deal for football, and a bad deal for the long-term future of the game”.

South American confederation CONMEBOL, whose president Alejandro Dominguez is regarded as a close ally of Infantino, demanded further information on the “scope, structure, governance and potential effects” of the project.

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‘Created divisions’

In the late-night statement announcing the plan was dead, Infantino said the project was conceived as a means of strengthening member associations, and that it would only have gone ahead if a majority supported it.

“Having listened carefully to all the views, it has become clear that the project has created divisions of a nature that, regardless of the level of support, are no longer in the interest of the objective set out in the first place,” he said.

FIFA had tried to fend off the critics, saying in a statement early Friday that it would continue consultations with member associations and insisting that “nobody is selling football”.

Read moreFIFA’s $20bn World Cup gambit: Private equity, profiteering ‘against real essence of football’

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But the pressure mounted, and not just within the football community.

A day after the European Union praised UEFA for “defending the integrity of the game,” UK Prime Minister Andy Burnham said on Friday that Infantino was “the wrong man” to lead FIFA.

The beleaguered Infantino said he would focus now on restoring harmony while continuing to grow the game.

“Moving forward, my intent is to bring all interested parties back together in the coming days and weeks in the spirit of shared interest in our game, and with the objective to continue growing football everywhere, particularly in those countries that mostly need our support,” he said.

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(FRANCE 24 with AFP)

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Sports

Judo gold rush, Neeraj Chopra claims silver, Tejaswin Shankar scripts decathlon history

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4 minutes ago

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1 August 2026

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Team India enjoyed a landmark ninth day at the 2026 Commonwealth Games in Glasgow on Friday, July 31. Highlighted by a historic double gold sweep on the judo mat, a podium finish in the men’s javelin throw, and a groundbreaking medal in athletics, the Indian contingent added significantly to its collection as the Games hit their climax. Team India’s medal tally stands at 23 won medals after day 9, along with 10 guaranteed medals locked in for upcoming finals.

Here is a full breakdown of how Team India performed across venues on Day 9.

Judo: Twin Commonwealth Games golds and silver mark red-letter day for Indian combat sports

Judo - Glasgow 2026 Commonwealth Games: Day 8 - Source: GettyJudo - Glasgow 2026 Commonwealth Games: Day 8 - Source: Getty
Judo – Glasgow 2026 Commonwealth Games: Day 8 – Source: Getty

India’s judokas produced a standout performance at the venue, delivering one of the finest single-day displays in the country’s Commonwealth Games history.

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Asmita Dey scripts Golden Score drama

In the women’s 48kg final, young judoka Asmita Dey displayed remarkable resilience against Canada’s Heidi Quach. After a tight bout during regulation time, the contest moved into Golden Score overtime, where Asmita executed a decisive throw to score a Yuko and secure India’s first judo gold medal in Glasgow.

Harsh Singh doubles the gold tally

Minutes later in the men’s 60kg final, Harsh Singh completed a flawless tournament run. Taking on Australia’s Joshua Katz, Harsh remained composed before scoring a crucial point in the closing moments to bag India’s second judo gold medal of the day.

Yamini Maurya earns silver

In the women’s 57kg final, Yamini Maurya added to India’s combat medal count with a hard-fought silver medal. Yamini reached the final following an emphatic 98-second Ippon victory in her semi-final bout before falling short against England’s Acelya Toprak.

Track & field: Javelin double podium and historic decathlon medal at Commonwealth Games

Neeraj Chopra takes silver; Yash Vir Singh claims bronze

The marquee event of the evening took place at the stadium in the men’s javelin throw final. Two-time Olympic medalist Neeraj Chopra registered a season-best effort of 85.83m to claim the silver medal. Sri Lanka’s Rumesh Pathirage captured gold with a massive 89.75m throw.

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Joining Chopra on the podium was teammate Yash Vir Singh, who launched a personal best throw of 85.41m on his final attempt to snatch the bronze medal and secure a 2-3 finish for India.

Tejaswin Shankar scripts decathlon history

Multi-event athlete Tejaswin Shankar turned in a heroic two-day performance across ten grueling disciplines to claim the bronze medal in the men’s decathlon with a total of 7,976 points. Shankar’s podium finish marks India’s first-ever Commonwealth Games medal in the decathlon.

Boxing: Unbeaten semi-final sweep sends ten Indians into finals of Commonwealth Games 2026

India’s boxing squad put together a dominant session, winning all scheduled semi-final bouts to guarantee ten spots in the gold medal clashes:

  • Women’s 54kg: Preeti Pawar defeated Zambia’s Catherine Mwape via a unanimous 5-0 decision.
  • Men’s 80kg: Ankush Panghal controlled his bout against Canada’s Joshua Ofori to advance.
  • Women’s 57kg: Jaismine Lamboria notched a Referee Stops Contest (RSC) victory over Lesotho’s Rapelanf Maselela.
  • Women’s 70kg: Arundhati Chaudhary comfortably defeated Rosie Eccles of Wales.
  • Men’s 55kg: Jadumani Singh outpointed Namibia’s Philip Haoseb via unanimous decision.
  • Women’s 51kg & 60kg: Sakshi Chaudhary and Priya Ghanghas sealed victories over their respective semi-final opponents.
  • Heavyweight bouts: Lovlina Borgohain, Sachin Siwach, and Narender Berwal closed out the day with semi-final wins.

Lawn bowls and track cycling at Commonwealth Games

Here is the performance of Indian athletes at lawn bowls and track racing on day 9:

  • Lawn bowls: The men’s pairs duo of Navneet Singh and Dinesh Kumar extended their unbeaten run by defeating the Falkland Islands 2-0 in sectional play to move into the knockout rounds. In women’s singles, Nayanmoni Saikia posted a convincing 2-0 win over Zambia’s Mildred Mkandawire.
  • Track cycling: Harshveer Sekhon and Dinesh Kumar competed in the men’s 4000m individual pursuit qualification rounds but missed out on advancing to the final heat.