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Aug 01, 2026
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FIFA Scraps $20 Billion World Cup Plan

OBBM Network Editorial Staff
July 31, 2026

FIFA president Gianni Infantino announced that the proposed plan to sell private stakes in upcoming World Cup tournaments has been scrapped. The plan had sparked backlash from fans and soccer associations around the world.

Infantino stated that the project had created divisions that were no longer in the interest of the objective set out in the first place. He emphasized that FIFA’s purpose has always been to unite and improve.

Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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