Wales FA withdraws support for Infantino re-election after FIFA stake plan
Wales is the first federation to formally withdraw support for Gianni Infantino after botched World Cup investment plan.
Source excerpt
Wales is the first football federation to formally withdraw support for Gianni Infantino’s re-election bid after a botched World Cup investment plan was scrapped.
Wales said it will withdraw support for FIFA President Gianni Infantino’s re-election bid for a new term from 2027-2031, after his failed plan to sell a stake in the World Cup’s commercial rights.
FIFA’s ambitious plan to unlock up to $4.2bn from private investors by selling a roughly 20 percent stake in a new entity overseeing competitions, including the World Cup, ended in retreat on Friday after fierce resistance from stakeholders.
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