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fifa president gianni infantino formally apologized after a failed attempt to sell a stake in future world cup profits to private investors — reported at $4.2bn against a $20bn scheme — collapsed under opposition from continental confederations and national associations. senior figures inside fifa, including arsène wenger and secretary general mattias grafström, publicly distanced themselves, with grafström calling it a 'sad and reproachable series of events'. it is rare for an organization's own leadership to disown its president's financial plan in public.
international football governance reporting