FIFA scraps private investment plan after fierce backlash from officials worldwide

FIFA president Gianni Infantino said on Saturday he has scrapped a plan to allow private investment in the World Cup following fierce backlash from football officials worldwide. “Our purpose has always been — and will always be — to unite and improve,” Infantino said in a statement. “As a result, this proposal will not proceed.” FIFA, world football’s governing body, had floated the plan on Tuesday, saying it could raise up to $4.2 billion based on...