Soccer federation
Image Source: IANS
'A Bad Deal For Football': FIFA Adviser Cordeiro Resigns Over Infantino's Proposal
FIFA Club World Cup: Senior FIFA adviser Carlos Cordeiro has resigned from his advisory role, distancing himself from FIFA's proposal to introduce private investment into its flagship competitions and declaring that he had "no involvement" in the plan.
Cordeiro, the former president of the U.S. Soccer Federation, announced his resignation through a public statement in which he opposed FIFA's proposal to establish a commercial subsidiary that would raise billions of dollars by selling minority stakes to private investors.
"I cannot stand by while FIFA considers selling a stake in the World Cup," Cordeiro said as quoted by Sky Sports.
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