Backlash over FIFA president Infantino's plans to sell World Cup stake

FIFA President Gianni Infantino has defended a proposal to create a commercial subsidiary to run the World Cup and other major competitions, with plans to sell up to a 20 per cent stake to private investors. In a video released by FIFA on Wednesday (Jul 29), Infantino said the offer is "an opportunity, not an obligation". The plan has drawn backlash from football's regional confederations, including European governing body UEFA, which said the World Cup was not an "asset to trade". #FIFA Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia