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Infantino Cancels FIFA Forward Deal After Confederations Revolt

8/14/2026

Summary

Story summary

FIFA President Gianni Infantino cancelled plan to sell a 20 percent stake in FIFA Forward Enterprise to Thrive Capital investors.
He set a July 29 deadline for associations to claim US$20 million each, then dropped the deal two days later after a revolt by confederations.
UEFA said proposal crossed a line and voted to boycott Cups, losing confidence in Infantino.
U.S. President Donald Trump defended Infantino on August 11, calling his removal a mistake.

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Story summary

FIFA President Gianni Infantino cancelled plan to sell a 20 percent stake in FIFA Forward Enterprise to Thrive Capital investors.
He set a July 29 deadline for associations to claim US$20 million each, then dropped the deal two days later after a revolt by confederations.
UEFA said proposal crossed a line and voted to boycott Cups, losing confidence in Infantino.
U.S. President Donald Trump defended Infantino on August 11, calling his removal a mistake.