World Cup rights gamble backfires: Wales withdraw support for Infantino’s FIFA re-election bid | Football News


World Cup rights gamble backfires: Wales withdraw support for Infantino's FIFA re-election bid

Wales have become the first home nation to withdraw support for Gianni Infantino’s bid to remain FIFA president after his proposal to sell a stake in the commercial rights of the World Cup and other FIFA competitions was abandoned.The Football Association of Wales (FAW) said it will no longer back Infantino’s re-election campaign for the 2027-2031 term, following concerns over the failed investment plan.FIFA had proposed raising up to $4.2 billion by selling about a 20% stake in a new entity that would manage the commercial rights of competitions including the World Cup. However, the proposal was withdrawn on Friday after facing strong opposition from stakeholders.With the plan shelved, attention has shifted to the possible impact on Infantino’s chances of securing another term as FIFA president.The proposal had also triggered strong criticism from across world football. UEFA had warned it could boycott FIFA competitions, including the World Cup, if the plan went ahead.On Saturday, both UEFA and Concacaf, the governing body for football in North, Central America and the Caribbean, issued statements criticising FIFA’s leadership following Infantino’s decision to withdraw the proposal.The FAW is among the first national football associations to publicly oppose Infantino’s re-election.In a statement, the FAW confirmed “its withdrawal of support for the candidature of Gianni Infantino for re-election as Fifa president for the 2027-2031 term”.Explaining its decision, the Welsh governing body said:“The recent failures in good governance, processes, leadership, values, stakeholder management, communications and sound judgement have led us to a position where Mr Infantino has lost the confidence of the FAW to remain at the helm of world football.“Failing to put the best interests of football first is a failure we cannot accept.”



Source link

  • Related Posts

    After Arjuna Awardee GM calls out Indian chess calendar, AICF moves swiftly to find solution | Chess News

    All India Chess Federation (AICF) acts after Grandmaster Abhijeet Gupta’s concerns NEW DELHI: The All India Chess Federation (AICF) is working to ensure the senior National Chess Championship is held…

    Arshdeep Singh named in North Zone squad for Duleep Trophy; Kanhaiya Wadhawan to lead | Cricket News

    India left-arm pacer Arshdeep Singh was on Monday named in the North Zone squad for the Duleep Trophy, while Jammu and Kashmir wicketkeeper-batter Kanhaiya Wadhawan was appointed captain of the…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Meta apologises before Parl panel over removal of PM Modi’s video; members seek accountability | India News

    Meta apologises before Parl panel over removal of PM Modi’s video; members seek accountability | India News

    After Arjuna Awardee GM calls out Indian chess calendar, AICF moves swiftly to find solution | Chess News

    After Arjuna Awardee GM calls out Indian chess calendar, AICF moves swiftly to find solution | Chess News

    Arshdeep Singh named in North Zone squad for Duleep Trophy; Kanhaiya Wadhawan to lead | Cricket News

    Arshdeep Singh named in North Zone squad for Duleep Trophy; Kanhaiya Wadhawan to lead | Cricket News

    ‘Can some amount be released from frozen TMC funds?’ SC asks ED on Mamata-led faction’s plea | India News

    ‘Can some amount be released from frozen TMC funds?’ SC asks ED on Mamata-led faction’s plea | India News

    Pregnancy found growing near kidneys in rare medical case | India News

    Pregnancy found growing near kidneys in rare medical case | India News

    World Cup rights gamble backfires: Wales withdraw support for Infantino’s FIFA re-election bid | Football News

    World Cup rights gamble backfires: Wales withdraw support for Infantino’s FIFA re-election bid | Football News