FIFA reverses course on World Cup private investment plan – CBS News Watch CBS News FIFA President Gianni Infantino announced Friday that he is canceling a proposal that would have seen the world soccer governing body sell private shares in the World Cup. His reversal came after the plan drew heavy criticism from member nations. … Read more
Successfully stopping Gianni Infantino’s FIFA plan to sell World Cup profits to private investors was the first half of a high-stakes game in global soccer politics. The second half kicked off Saturday with what seemed a clear aim of ending Infantino’s decade-long presidency. “No option should be off the table,” said European soccer body UEFA, … Read more
FIFA, world soccer’s governing body, is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations. “Having listened carefully to all the views, it has become clear that the project has created divisions … Read more
Global concern over FIFA’s World Cup investment plan – CBS News Watch CBS News Global soccer organizations are scrutinizing FIFA’s World Cup privatization plan, which could attract up to $20 billion in investment. CBS News’ Nicole Valdes reports. Source link
The pressure is rising on FIFA President Gianni Infantino to ditch a World Cup privatization plan that could draw investments up to $20 billion, but which has drawn widespread condemnation from most of soccer’s worldwide governing bodies. The latest rebukes of the plan came on Friday when a senior adviser to Infantino stepped down in … Read more
North America’s soccer body on Thursday rejected FIFA president Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors, joining European nations in opposition. The 41-member Confederation of North, Central American and Caribbean Association Football held an urgent meeting Thursday after UEFA, the European soccer body, had agreed to boycott the … Read more
Indian business magnate Gautam Adani said his pledge to invest billions of dollars in the U.S. did not influence the Justice Department’s decision to move to drop the criminal case against him. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In a sworn statement filed Wednesday, Adani denied … Read more
The price of silver has declined by nearly 50% from its record high in January 2026. Getty Images/iStockphoto In today’s uncertain economic climate, many would be forgiven if strategic investing were far from their top concern. With inflation at its highest level since April 2023, the potential for a Federal Reserve rate hike is not insignificant, … Read more
When it comes to precious metal investments, one option could prevail this summer, experts say. Constantine Johnny/Getty Images Gold prices have dropped substantially over the last few months — a stark contrast from the record-setting run-up the precious metal saw late last year. There are many reasons for the drop in gold prices, but high … Read more
A gold investment has multiple timely benefits to take advantage of this month. Getty Images/iStockphoto A successful investment is made from multiple components. You’ll want to get started with the right type, in the right amount at the right time. While you may be able to get by with just having one or two of … Read more