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UEFA Says It Has Lost Confidence in FIFA's Infantino After Failed Private Equity Plan for World Cup
['Graham Dunbar', 'Associated Press', 'Bleacher Report']
Bleacher Report - Front Page
GENEVA (AP) — Successfully stopping Gianni Infantino's FIFA plan to sell World Cup profits to private investors was the first half of a high-stakes game in global soccer politics.
Infantino had proposed creating a $20 billion company to run the World Cup with private investors but drew backlash that grew every day since Tuesday's announcement.
Infantino' audacious bid fell apart after UEFA's 55-member nations agreed Thursday to boycott the World Cup and all other FIFA competitions.
"It is the project of one person," wrote Lamour, a longtime colleague of Infantino at both FIFA and UEFA.
The Qatar Football Association fully supports President Infantino's efforts to continue growing and strengthening the game globally."