AFC President Welcomes FIFA's Withdrawal of Private Investment Plan for World Cup
Summary
AFC President Sheikh Salman bin Ibrahim Al Khalifa praised FIFA's decision to withdraw its private investment plan for World Cup tournaments, emphasizing the need for transparent consultation with stakeholders in future decisions.
Key Points
- AFC President Sheikh Salman bin Ibrahim Al Khalifa welcomed FIFA's withdrawal of the private investment plan for the World Cup.
- FIFA had proposed selling about 20 percent stake in a new entity managing its tournaments to raise up to 4.2 billion US dollars.
- The plan faced strong opposition from regional football confederations due to lack of prior consultation.
- Sheikh Salman emphasized that future important decisions must be made transparently and after proper consultation with all stakeholders.
