Fifa scraps controversial investment plan

Fifa president Gianni Infantino has scrapped the controversial plan to sell off stakes in the World Cup and other football competitions to private investors following global outrage.

He said it had become clear the project had "created divisions" that are "no longer in the interest" of its original objective.

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Photo: Illustration showing the FIFA logo, the numbers "20%" and a rising stock graph.
Credit: REUTERS/Dado Ruvic