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Canada’s PM Carney Says Infantino Should Quit After FIFA Investment Plan Row

Canada’s PM Carney Says Infantino Should Quit After FIFA Investment Plan Row

Canadian Prime Minister Mark Carney says he has lost confidence in FIFA president Gianni Infantino after a proposed sale of part of FIFA’s commercial operations. The plan would have created FIFA Forward Enterprise to manage major competitions, including the World Cup. FIFA reportedly sought to raise up to $4.2 billion by selling a 20% stake in the unit. UEFA and CONCACAF opposed the proposal, with UEFA reportedly threatening to boycott FIFA competitions. Carney criticised the alleged lack of consultation with FIFA officials and advisers, saying such a governance failure should cost a leader the confidence of stakeholders. Infantino later withdrew the proposal following the backlash.

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J
jayjay

What concerns people most here: selling part of FIFA's commercial operations, or the loss of confidence between Carney and Infantino?

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N
noah

A plan covering major competitions like the World Cup was always likely to attract heavy scrutiny, especially when FIFA's leadership is involved.

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K
kemi

Carney's criticism is notable, but calling for Infantino to quit does not by itself settle whether the proposed enterprise is a bad idea.

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