Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues

Bloomberg

Aug 05

FIFA President Gianni Infantino is holding a crisis meeting with top officials of the governing body in Morocco on Wednesday as he looks to shore up his position following the collapse of his proposal...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2657521758"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2657521758\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2657521758?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/MDJO2KPXKFFWDGZR36JGLBRJLY.jpg?smart=true&auth=0649f88035208b10b7bac9b213ef368cf3783b0de3b956e54f579dab9b3a64a8&width=500&height=333","is_english":true,"pubTime":"2026-08-05 23:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657521758","market":"us","top_or_hot":-1,"title":"Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues","media":"Bloomberg","content":"<div>\n<p>FIFA President Gianni Infantino is holding a crisis meeting with top officials of the governing body in Morocco on Wednesday as he looks to shore up his position following the collapse of his proposal...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2026/08/05/infantino-holds-crisis-meeting-in-morocco-as-fifa-stake-sale-fallout-continues/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInfantino holds crisis meeting in Morocco as FIFA stake sale fallout continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-05 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/international/2026/08/05/infantino-holds-crisis-meeting-in-morocco-as-fifa-stake-sale-fallout-continues/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FIFA President Gianni Infantino is holding a crisis meeting with top officials of the governing body in Morocco on Wednesday as he looks to shore up his position following the collapse of his proposal...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2026/08/05/infantino-holds-crisis-meeting-in-morocco-as-fifa-stake-sale-fallout-continues/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PFF","symbol_name":"优先股指数ETF-iShares S&P","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/international/2026/08/05/infantino-holds-crisis-meeting-in-morocco-as-fifa-stake-sale-fallout-continues/","article_id":"2657521758","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/MDJO2KPXKFFWDGZR36JGLBRJLY.jpg?smart=true&auth=0649f88035208b10b7bac9b213ef368cf3783b0de3b956e54f579dab9b3a64a8&width=500&height=333"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/international/2026/08/05/infantino-holds-crisis-meeting-in-morocco-as-fifa-stake-sale-fallout-continues/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2657521758","pubTimestamp":1785942480,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"FIFA President Gianni Infantino is holding a crisis meeting with top officials of the governing body in Morocco as he looks to shore up his position.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"PFF":"优先股指数ETF-iShares S&P","CAF":"摩根史坦利中国A股指数基金","BK4588":"碎股","BK7062":"资产管理与托管银行","CAF.AU":"CENTREPOINT ALLIANCE LTD","BK4585":"ETF&股票定投概念"},"translate_title":"国际足联股份出售影响仍在继续，因凡蒂诺在摩洛哥召开危机会议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAF.AU":1,"CAF":1,"PFF":1},"content_text":"FIFA President Gianni Infantino is holding a crisis meeting with top officials of the governing body in Morocco on Wednesday as he looks to shore up his position following the collapse of his proposal to sell off commercial rights to the World Cup.Infantino has been the subject of a torrent of criticism since he floated the idea of the new commercial rights body to FIFA’s 211 member associations last week.The proposed sale of 20 per cent of the body to private investment to raise US$4.2 billion, and the involvement of a company with family links to U.S. President Donald Trump, were only the most serious flaws in the plan for its many critics.Latest updates on international news hereHis backdown last Friday has done little to assuage those critics, most notably European soccer’s governing body UEFA, which accused him of selling the soul of the game and has said it no longer has confidence in his leadership.That has cast a shadow over Infantino’s re-election for a fourth term at the FIFA Congress in Morocco in March, which looked a foregone conclusion two months ago.A handful of European federations have withdrawn their backing for the Swiss Italian but perhaps more damaging are the messages coming from Infantino’s FIFA colleagues.Secretary General Mattias Grafstrom sent an internal memo to staff lamenting the “sad and reproachable series of events” that led to the project being “permanently abandoned,” two sources told Reuters.“Individuals, unstable moments and unfortunate episodes come and go. The institution, its mission and its responsibility towards world football continue ...” the Swede added in the letter, which made no mention of Infantino by name.His words echoed those of FIFA’s Chief Operating Officer Kevin Lamour, who said last week that staff had been “deceived” over the plan which he described as the project of one person.Infantino’s senior adviser Carlos Cordeiro resigned in protest at the plan last week and Arsene Wenger, FIFA’s chief of Global Football Development, said he had not been involved in drafting the proposal and that the decision to withdraw it was “absolutely necessary.”Former Portugal great Luis Figo, who had planned to run for the FIFA presidency in 2015 before withdrawing, described Infantino’s behavior as the “lowest, most deceitful and cravenly self-interested” he had ever seen.“I could write 10,000 words on the problems at FIFA. But the solution needs only three: Infantino must go,” Figo wrote in a Daily Mail column.UEFA Vice-President Laura McAllister said Infantino’s leadership had reached a crisis point.“There’s a lot of unrest about the unilateral nature of the intervention around FFE last week. So I imagine this meeting is going to bring things to a head,” McAllister told Reuters.Survive seven months until the electionInfantino has spent the last week in Morocco, which will co-host the World Cup in 2030 and whose football association has announced its continued support for him.The first order of Wednesday’s meeting at FIFA’s Africa office in Sale, which sits across the Bou Regreg river from the Moroccan capital Rabat, is likely to focus on ensuring that Infantino at least survives the seven months until the election.An Extraordinary Congress could be called if 43 or more FIFA member associations make a formal written request for one.Qatar, which hosted the 2022 World Cup, Kuwait, Lebanon, Sri Lanka, Indonesia and the Philippines have declared their loyalty to Infantino.Latest economic news on BNNBloomberg.caInfantino has always enjoyed a lot of support away from the traditional heartlands of the game, where impoverished football associations rely on FIFA’s largesse to operate.“Although FIFA has withdrawn the FFE proposal, PFF continues to support the goal behind it, championed by FIFA President Gianni Infantino: expanding commercial and financial assistance to all 211 Member Associations, especially smaller markets like the Philippines,” the Philippine Football Federation (PFF) said.But European Leagues, which represents over 1,300 clubs across Europe, said FIFA must not be allowed to “continue taking unilaterally disruptive decisions” that affect clubs, players and fans.“Now more than ever, FIFA requires governance reform that ensures that all relevant stakeholders have a formal role in decisions that shape the future of our game,” it said, also criticizing the “impractically short assessment timeline” of four weeks given by FIFA to study the plan to expand the World Cup from 48 to 64 teams for the 2030 edition.African administrators back InfantinoLeading African football administrators have sent messages of support as Infantino looks to the continent’s 54 members for backing. The African confederation (CAF) has yet to take a stance.The executive committee of the smallest and least wealthy regional confederation, Oceania, will meet next Wednesday to discuss their approach.“I think it’s going to be really interesting for the international football community over the next few weeks,” New Zealand Football chief Andrew Pragnell told Reuters on Tuesday.“It’s really important for a country like New Zealand to make a lot of contact with its confederation. It helps when you act in unison with your confederation.”Latest updates on investing hereUnder FIFA rules, the vote of San Marino, whose men’s team are ranked 211th and last in the world rankings, counts as much as that of World Cup winners like Brazil, Germany, Argentina and Spain.One clear advantage for Infantino as he looks to extend his presidency until 2031 is that no clear candidate to stand against him in March’s election has yet emerged.Jordan FA President Prince Ali bin Hussein has twice stood for the post and he made his position clear on Tuesday when he accused FIFA of “blackmail”, saying it had offered to help solve problems in exchange for endorsing Infantino.“We did not endorse him before and certainly will not now,” Prince Ali wrote on social media.Reuters has contacted FIFA for comment on the allegations.---Reporting by Rohith Nair, Lori Ewing, Ian Ransom, Tim Hart and Suramya Kaushik, writing by Nick Mulvenney, editing by Peter Rutherford and Ed Osmond","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}