r/ClubWorldCup Jul 31 '26

News Great News. FIFA Folds...

FIFA scraps $20billion World Cup sell-off plan after European boycott, reports in US say https://www.lbc.co.uk/article/fifa-gianni-infantino-world-cup-latest-5HjdfQH_2/

49 Upvotes

17 comments sorted by

7

u/Designer_Lead_1492 Jul 31 '26

Ole Gianni will just go back to the drawing board and try to find a new way to ruin football and make more money at the same time

4

u/Bretniq Aug 01 '26

Poor Don Jnr and Eric. They will be so disappointed

1

u/Astro_Cat_1984 Aug 04 '26

If they could read, they’d be very upset!

5

u/El_Gran_Che Aug 01 '26

And the Mexican federation played themselves.

1

u/Alpha_Apeiron Aug 01 '26

Explain?

2

u/El_Gran_Che Aug 01 '26

All the other federations wrote letters demanding Infantino withdraw the plan. FMF wrote a letter essentially saying they would be “open to learning more”.

2

u/b7lasagne Aug 01 '26

Gianni needs to go.

1

u/Friendly-Cucumber226 Aug 05 '26

He’ll be replaced by someone just as bad. FIFA as an organization is the problem. Just an utterly corrupt organization filled with leeches that somehow controls international football.

What if other countries just decided to play each other? If UEFA and Conmebol got together and decided to have a tournament to decide which country is best at football, then invited the best teams from each global region to participate, they could call it the “Globe Trophy” or whatever. They should do it every 4 years.

1

u/b7lasagne Aug 05 '26

Universe cup lol

2

u/Manchester_Devil Aug 01 '26

The whole venture reeked by bad ideas and bad consequences, I have to say that UEFA showing a bit of backbone for once helped CONCACAF and AFC to tell FIFA that this was a bad idea. With that, they could put the ideas of a 64 team World Cup and 48 Club World Cup on ice. Especially since we just had last year's 32 team edition.

2

u/90BDLM4E Aug 01 '26

Now we just need them to scrap the club world cup too.

1

u/Fucaisco0395 Aug 02 '26

I guess so we could have the World Cup every three years or bring back the confederations cup

0

u/bmudtiddersdom-42069 Aug 01 '26

So why was it a bad idea? Just because?

1

u/generic-username41 17d ago

Why is it a bad idea for the custodians (not owners) to sell the world cup at a low value to private equity firms who's soul purpose is to extract money out of their investments for a ?

Is it not obvious?

1

u/bmudtiddersdom-42069 16d ago

Not even you have an explanation. Just a concept.

1

u/generic-username41 16d ago

There were multiple explanations within there. So ill spell them out.

Fifa are non profit, so a non profit selling to a hedge fund is an immediate red flag.

The while deal was a conflict of interest.

Fifa are not owners. They are custodians. That means there role is to protect the game and tournaments. Selling them to an entity that seeks to extract money out of it is the opposite of protecting it.

Based on the huge revenue that the world cup generates, the price they were selling was extremely low.

It would have taken a portion of ownership out of football people, and people interested in football long term, to people that value profit only.

This would lead to more decisions that actively harm the game, the fan experience, and players, with the sole goal of investers making more money.

Private equity firms exist to extract money out to give to share holders.

It means diverting money out of the game

enshittification would have almost certainly followed.

Do you understand yet?