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Soccer-Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues - Finance news and analysis from Global Banking & Finance Review
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Soccer-Infantino holds crisis meeting in Morocco as FIFA stake sale fallout continues

Published by Global Banking & Finance Review

Posted on August 5, 2026

5 min read

· Last updated: August 5, 2026

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Soccer-FIFA apologises to members as Infantino holds crisis meeting amid stake sale fallout

FIFA's Crisis Meeting and Leadership Response

By Rohith Nair

Background of the Stake Sale Proposal

Aug 5 (Reuters) - FIFA said on Wednesday it had apologised to its member associations for mistakes made over its abandoned proposal to sell commercial rights linked to the World Cup, as the governing body's leadership reaffirmed its support for president Gianni Infantino after a crisis meeting in Morocco.

Following the meeting in Rabat, attended by Infantino, secretary general Mattias Grafstrom and members of FIFA's management board, FIFA said its leadership had reaffirmed its full support for the president while acknowledging that the handling of the withdrawn FIFA Forward Enterprise proposal should have been different.

Apology and Measures Announced

In a statement, FIFA said a separate letter had been sent to FIFA Council members and the 211 member associations apologising for the errors and promising a review.

It added that, with the proposal withdrawn, FIFA would "no longer tolerate any attacks on its integrity, good governance and due process" and would take all necessary measures to protect its reputation.

Reactions and Criticism

Vehicles believed to be carrying Infantino and Grafstrom were seen leaving FIFA's Africa office in Sale after the meeting, which came amid mounting criticism of Infantino's leadership ahead of next year's presidential election.

The meeting followed last week's withdrawal of a proposal to sell a 20% stake in a new commercial rights entity to private investors in a deal that would have raised about $4.2 billion for football development.

The proposal, which also drew scrutiny because of the involvement of a company with family links to U.S. President Donald Trump, prompted fierce criticism from European soccer's governing body UEFA and other stakeholders, who accused FIFA of poor governance and a lack of consultation.

UEFA and Stakeholder Response

The apology underscored FIFA's acknowledgement that mistakes had been made in the handling of his proposal for a new commercial rights body, which has become the most serious challenge to his leadership since he became FIFA president in 2016 after triggering a torrent of criticism from UEFA, several member associations and senior FIFA officials over governance and consultation.

His backdown last Friday has done little to assuage those critics, most notably UEFA, which accused him of selling the soul of the game and has said it no longer has confidence in his leadership.

That has cast a shadow over Infantino's re-election for a fourth term at the FIFA Congress in Morocco in March, which had looked like a foregone conclusion two months ago.

A handful of European federations have withdrawn their backing for the Swiss Italian, but perhaps more damaging are the messages coming from Infantino's FIFA colleagues.

International Political Reaction

Canadian Prime Minister Mark Carney also questioned Infantino's leadership on Wednesday, saying he has lost confidence in the FIFA president after learning senior advisers had not been consulted on the abandoned proposal.

"I don't have confidence in Mr. Infantino," Carney told reporters, adding that failing to inform senior executives and fellow board members of such a significant proposal "should be fatal" for any leader.

Internal FIFA Dissent

Grafstrom had sent an internal memo to staff lamenting the "sad and reproachable series of events" that led to the project being "permanently abandoned", two sources told Reuters.

"Individuals, unstable moments and unfortunate episodes come and go. The institution, its mission and its responsibility towards world football continue," the Swede added in the letter, which made no mention of Infantino by name.

His words echoed those of FIFA's Chief Operating Officer Kevin Lamour, who said last week that staff had been "deceived" over the plan which he described as the project of one person.

Infantino's senior adviser Carlos Cordeiro resigned in protest at the plan last week. Arsene Wenger, FIFA's chief of Global Football Development, said he had not been involved in drafting the proposal, and called the decision to withdraw it "absolutely necessary".

Former Portugal great Luis Figo, who had planned to run for the FIFA presidency in 2015, said Infantino should resign over the affair, while UEFA Vice-President Laura McAllister told Reuters the controversy surrounding the abandoned proposal had brought the FIFA president's leadership to a crisis point.

Infantino's Path Forward

Survive Until Election

Infantino has spent the past week in Morocco, which will co-host the World Cup in 2030 and whose football association has announced its continued support for him.

The meeting was widely seen as an effort to reinforce support for Infantino and ensure that he emerges from the crisis with enough backing to remain the favourite for re-election in March.

An Extraordinary Congress could be called if 43 or more FIFA member associations make a formal written request for one.

Qatar, which hosted the 2022 World Cup, Kuwait, Lebanon, Sri Lanka, Indonesia and the Philippines have declared their loyalty to Infantino.

Infantino has always enjoyed a lot of support away from the traditional heartlands of the game, where impoverished football associations rely on FIFA's largesse to operate.

European Leagues' Position

But European Leagues, which represents more than 1,300 clubs across Europe, said FIFA must not be allowed to "continue taking unilaterally disruptive decisions" that affect clubs, players and fans. It also criticised the "impractically short assessment timeline" of four weeks given by FIFA to study the plan to expand the World Cup from 48 to 64 teams for the 2030 edition. 

African Administrators Back Infantino

Leading African football administrators have sent messages of support as Infantino looks to the continent's 54 members for backing. The African confederation (CAF) has yet to take a stance.

The executive committee of the smallest and least wealthy regional confederation, Oceania, will mee

Key Takeaways

  • Infantino's commercial scheme—FIFA Forward Enterprise (FFE)—valued at ~$20 billion, was intended to raise $4.2 billion by selling minority stakes; it collapsed amid fierce backlash. (investing.com)
  • UEFA led the revolt, warning of legal action and accusing FIFA of crossing a red line over trading the game’s soul; threats of boycott from UEFA, AFC and CONCACAF followed. (lemonde.fr)
  • The crisis meeting aims to buy Infantino time ahead of the March 2027 FIFA election in Morocco, as several European associations withdraw support, and internal staff voice discontent. (apnews.com)

References

Frequently Asked Questions

Why is Gianni Infantino holding a crisis meeting in Morocco?
Infantino is meeting top FIFA officials to secure his leadership after the collapse of his plan to sell World Cup commercial rights.
What caused the backlash against FIFA's commercial rights sale proposal?
The plan faced criticism for involving private investment, controversial business ties, and concerns from UEFA and other federations.
Which regions or federations continue to support Infantino?
Many African associations and some Asian and Middle Eastern countries, including Morocco and Qatar, remain loyal to Infantino.

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