articleThe Brief FIFA President Gianni Infantino announced it is scrapping plans to sell a stake in the World Cup to private investors. Infantino stated the project clearly "created division" and is no longer interested in proceeding with the intended proposal. FIFA is now scrapping plans to sell a stake in the World Cup to private investors following global criticism. FIFA President Gianni Infantino said in a state on Friday that the world’s governing soccer body has "listened" and that the project clearly "created divisions." Infantino had proposed creating a $20 billion company to run the World Cup with private investors including the Kushner family, but drew backlash that grew every day since Tuesday's announcement.