FIFA apologises to its member associations over now-withdrawn FFE plan, reaffirms support for President Infantino
Rabat, Aug. 6 -- FIFA has apologised to its member associations for the handling of its now-withdrawn FIFA Forward Enterprise (FFE) proposal to sell World Cup commercial rights, while the organisation's leadership, on Thursday, reiterated its backing for President Gianni Infantino following a meeting in Morocco.
Both FIFA and Infantino have come under intense scrutiny since the announcement of the FFE, a proposed entity aimed at consolidating the sale of FIFA's commercial rights--including broadcasting, sponsorship, ticketing and licensing--along with the operational delivery of its tournaments. Under the plan, FIFA intended to raise upto USD 4.2 billion by selling minority, non-controlling stakes in the FFE to external investors.
Howev...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.