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Infantino’s $20 Billion FIFA Sell-Off Is Gone, And UEFA Has No Confidence Left

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Big news dropped this week in the world of international soccer: European body UEFA is officially pulling back its threat to boycott FIFA competitions. This massive drama is ending because UEFA finally got the assurances they demanded, confirming Gianni Infantino’s wildly unpopular World Cup sell-off plan is absolutely not coming back. Thank goodness for that, right?

The Boycott Threat That Rocked the World Cup and Beyond

Hold up, because this wasn’t some minor dust-up. UEFA’s member federations are meeting Thursday in Monaco, right before the Champions League draw, and they’re expected to formally end the boycott threat. This isn’t just a political move, it has real consequences. Ruling out that boycott clears the way for six European teams to keep preparing for the FIFA Under-20 Women’s World Cup, which kicks off in Poland on September 5. France and Spain, who named their squads last week for the 24-nation tournament, were right in the middle of this mess. England, Italy, Portugal, and host Poland were also set to play. Imagine that tournament becoming a battleground! This whole thing was an unwanted fight fueled by European soccer’s pushback against Infantino’s ill-advised private investor plan.

Infantino’s $20 Billion Disaster and the Furious Backlash

So, what exactly got everyone so fired up? Last month, FIFA President Gianni Infantino infuriated soccer leaders worldwide when his plan to create a $20 billion subsidiary was leaked. This new company, meant to control FIFA’s commercial rights, including the World Cup, was going to be 20% owned by investors led by a New York fund created by Joshua Kushner. Yeah, you heard that right, twenty *billion* dollars! The backlash was immediate and furious. UEFA, leading the charge with that boycott threat, got major support from the Asian Football Confederation and North American soccer body CONCACAF. Even senior FIFA officials piled on with criticism of the plan and Infantino himself. Within just four days, Infantino was forced to drop his proposal. UEFA then demanded assurances that the spinoff, which they were calling FIFA Forward Enterprise, wouldn’t just pop up again in a different form. And guess what? Those assurances have now been received.

The Leadership Crisis: Infantino’s Reelection in Doubt?

While the boycott threat might be over, the trust issues are far from resolved. Back on August 1, UEFA made it crystal clear they had no confidence in Infantino’s leadership. That was a direct signal they plan to try and block his reelection in March next year. Infantino had seemed like a shoe-in, totally unopposed for a fourth and final term in office, potentially running through 2031. But all that turmoil from his disastrous investor plan threw a wrench into those plans. The 55 UEFA member federations were all united on this, having agreed to the threatened boycott during an online call just four weeks ago. FIFA previously set a November 18 deadline for candidates to enter the presidential contest, with the vote by 211 member federations happening in Rabat, Morocco. The big question now is, who’s going to step up and challenge him?

This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.

Originally reported by Bleacher Report.

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