World News

FIFA has abandoned its proposal to sell a 20% stake in a new unit managing World Cup events, intended to raise $4.2 billion, following significant opposition from member associations, particularly UEFA. President Gianni Infantino acknowledged the divisions the plan caused and confirmed the project’s discontinuation.

FIFA’s Chief Operating Officer, Kevin Lamour, stated staff were misled regarding President Gianni Infantino’s plan to sell World Cup profit stakes to private equity. Lamour advocated against the proposal, highlighting the need for transparent decision-making within the organisation, following the resignation of senior adviser Carlos Cordeiro.

The 2025 Formula 1 season returns to the historic Autodromo Internazionale Enzo e Dino Ferrari this weekend for the Emilia Romagna Grand Prix, where fans and competitors alike will be eager to see if reigning champion Max Verstappen can repeat his success from last year’s race, where he finished ahead of Lando Norris and Charles Leclerc.

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