FIFA Executives Rally Behind Infantino Despite Scrapped Investment Plan
FIFA's top executives have rallied behind President Gianni Infantino after a failed attempt to overhaul the organisation's commercial operations sparked widespread criticism. The move came after Infantino withdrew a proposal to sell a 20 percent stake in a new entity called FIFA Forward Enterprise (FFE) to private investors, which would have raised an estimated €3.8 billion.
Following a meeting with FIFA Secretary General Mattias Grafström and members of the management board in Rabat, Morocco, FIFA issued a statement apologising for how the proposals were presented. The statement acknowledged that member associations and the FIFA Council should not have felt excluded from the process and that "errors were also made after the proposal was leaked to media."
The proposal, first revealed by the Financial Times and The Times, drew sharp rebukes from several confederations, including UEFA, the Asian Football Confederation, and Concacaf. UEFA went as far as voting to boycott all FIFA competitions, while Infantino blamed media coverage for misrepresenting the reforms before ultimately scrapping the plan.
The controversy also led to the resignation of Infantino's senior adviser Carlos Cordeiro and public allegations by FIFA Chief Operating Officer Kevin Lamour that staff had been deceived. UEFA has stated it has lost confidence in Infantino, fuelling speculation about a potential challenger in the FIFA presidential elections scheduled for March.
Potential candidates mentioned by Al Jazeera include Paris Saint-Germain president Nasser al-Khelaifi, a Qatari businessman who also chairs beIN Media Group and is a member of both UEFA's executive committee and the FIFA Council. Other names floated include Victor Montagliani, president of Concacaf, and Sheikh Salman bin Ebrahim Al Khalifa, president of the Asian Football Confederation. Aleksander Ceferin, president of UEFA, is also seen as a possible contender, while Patrice Motsepe, president of the Confederation of African Football, is considered an outsider.
Despite the turmoil, Infantino's position appears more secure in the short term, as the FIFA management board's backing signals continued support within the organisation's leadership. FIFA's statement also warned that it "will no longer tolerate any attacks on its integrity, good governance and due process" and will take necessary measures to protect its reputation.
The future of the World Cup and other competitions remains intact, but the episode has highlighted tensions over governance and transparency within world football's governing body. As the presidential election approaches, the question of who will lead FIFA into the next cycle remains open, though Infantino's immediate hold on power appears strengthened by the executive show of solidarity.