After facing widespread backlash from within the sport and threats of a boycott by European nations, FIFA has decided to scrap its proposal to sell stakes in the World Cup.
FIFA president Gianni Infantino has withdrawn his idea to sell shares in the tournament to outside investors. The reversal follows strong criticism both inside the governing body and from several European countries, who had threatened to stay away from future events. Officials are now expected to seek other ways to raise money without giving up ownership rights to the World Cup. The move is seen as an effort to calm tensions and avoid a split in global football governance.
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