A senior adviser to FIFA, Carlos Cordeiro, has resigned with immediate effect due to FIFA President, Gianni Infantino’s intentions to sell a portion of the World Cup.
Cordeiro has stepped down from his role as senior adviser to Gianni Infantino, following contentious plans to sell shares of the World Cup. This week, FIFA has faced significant criticism over proposals to auction shares of some of its most esteemed competitions to the highest bidder.
This initiative was met with strong opposition, with UEFA pledging to boycott FIFA events if the plans move forward. Additionally, CONCACAF, the governing body for football in North and Central America and the Caribbean, expressed that its 41 member associations have ‘rejected’ Infantino’s proposals. The backlash prompted a response from FIFA, asserting that “nobody is selling football.”
In a significant development, Cordeiro has distanced himself from this controversial decision by resigning from his position as Infantino’s adviser. He also issued a critical statement regarding the situation.
His statement read, “As a Senior Advisor to the FIFA President, a former banker, and a lifelong football enthusiast, I cannot remain silent while FIFA contemplates selling a stake in the World Cup. I want to be clear: I had no part in this proposal, and I oppose it without reservation.
“This is detrimental to FIFA’s Member Associations, harmful to football, and poses a threat to the long-term future of the sport. Football has been a cornerstone of my life, and after over 35 years in banking, I comprehend both the
