Uefa Loses Confidence in FIFA President Infantino
Uefa has lost confidence in FIFA president Gianni Infantino. FIFA is world football's governing body.
The move follows FIFA's decision to drop a $20 billion investment plan. Infantino was elected FIFA president 10 years ago.
Reports say he has failed to keep promises made back then. Uefa and other groups including Concacaf and the AFC had rejected the investment plan.
Uefa then voted to boycott FIFA tournaments. Infantino then scrapped the $20 billion plan.
The plan would have sold World Cup stakes to private investors. A group led by Josh Kushner was involved in the plan.
A senior adviser to Infantino resigned before the plan was scrapped. Asian football's governing body had also opposed the plan.
FIFA's chief operating officer said Infantino had deceived staff about the plans, reports say. Uefa said it would work with other football groups to review what happened.
It wants to prevent similar problems in the future. The failed plan has raised questions about Infantino's leadership of FIFA.
Key Terms 5
- FIFA The organization that runs world football, including the World Cup.
- Uefa The organization that runs football across Europe.
- Concacaf Football's governing body for North America, Central America and the Caribbean.
- AFC The Asian Football Confederation, football's governing body in Asia.
- private equity Investors who buy stakes in businesses or events for profit.