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FIFA cancels $20B World Cup privatization plan after backlash

FIFA canceled its $20 billion plan to sell World Cup stakes to private investors after intense backlash. This reversal prioritizes the tournament’s global spirit and keeps control within the federatio

FIFA Scraps Controversial Plan To Turn World Cup Into Commercial Enterprise
Deadline Hollywood — 31 July 2026
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FIFA said on Friday it will not launch a $20 billion commercial arm that would sell stakes in the World Cup and other tournaments to private investors

Read Full Story at Deadline Hollywood →
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