
Vanguard· 1h ago· 1 min read
FIFA president Gianni Infantino said Wednesday that the proposed launch of a private subsidiary to expoit the commercial benefits of the World Cup was “an opportunity but not an obligation”.
A proposal to sell stakes in FIFA's major competitions sparked disbelief and outrage globally since it was revealed Tuesday, but Infantino defended the idea, saying too little of football's commercial value reached the parts of the game that need it most.
“FIFA Forward Enterprise, or FFE, is actually a proposal, an offer. It's part of a democratic process – a consultation process – and, above all, it is an opportunity but not an obligation,” Infantino said in a video released Wednesday evening.
“It is a golden opportunity to turbocharge the development of the game globally. But again, it is just an offer, not an obligation.”
Infantino insisted the proposal was centred on unlocking “previously…
Continue reading at VanguardDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
APC States Enjoying Full Local Govt Autonomy, Says Alheri
11m ago
Read More
Breaking: Nigerian Army wins best counter-terrorism force in Africa as details emerge
13m ago
Read MoreNiDCOM celebrates first Black woman with Pure Mathematics PhD in S’Africa, another Nigerian
just now
Read MoreYour Claims Of Economic Recovery Illusory, APM Tells Tinubu
15m ago
Read More
Boaduwaa strikes as Ghana beat WAFCON debutants Cape Verde
18m ago
Read More
Our father devoted his life for Nigeria’s unity, stability – Gen Aguiyi Ironsi’s family
19m ago
Read MoreLatest in Top Stories
Disability Group Backs Tinubu’s Move To Create Four New Army Formations
New Telegraph · 22m ago
NBA poll faces fresh scrutiny as Akinboro seeks official intervention
PM News · 23m ago
Argentina players face FIFA investigation over World Cup final altercation with Spain
Vanguard · 23m ago
Dollar to Naira Exchange Rate Today, July 29, 2026: Nigerian Naira records third consecutive depreciation
Daily Post · 24m ago
Monaco reveals how long foreigners must live there before applying for citizenship
Legit.ng · 35m ago
FG urges South-South cooperatives to invest in proposed bank, digital platforms
Peoples Gazette · 37m ago
Police nab suspected robber in Lagos
Peoples Gazette · 42m ago
Rude shock as popular Lagos cleric Sheikh Arizukuna dies, watch trending video of burial
Legit.ng · 52m ago
Most Read Today
‘Pretty bad’: Lewis Hamilton hits out at Ferrari after dropping points in F1 title race
The Guardian Sport · 3d ago
LeBron James officially joins 76ers on two-year contract | Report
Yahoo Sports · 3d ago
Anthony Joshua vs Tyson Fury has become an endless, hellish loop. Who else wants out?
Yahoo Sports · 2d ago
After Trump launched war on Iran, hiked inflation through tariffs, Johnson labels election ‘common sense vs. communism’
Fortune · 2d ago
Nvidia leads push for open AI cyber tools after Hugging Face hack
Business Insider · 2d ago
CXMT becomes China’s most valuable company after IPO surge
Peoples Gazette · 2d ago
FTSE 100 today: Stocks extends gains as U.S.-Iran truce holds, oil slumps
Investing.com · 2d ago
UBS lowers Matador stock price target on higher debt levels
Investing.com · 2d ago

