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Gianni Infantino’s senior advisor quits over FIFA’s World Cup plans: ‘It is mortgaging football’s future’

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FIFA president Gianni Infantino’s senior advisor Carlos Cordeiro has resigned due to his opposition to plans to sell stakes in the World Cup to private investors.

Cordeiro, 70, had been in the role for five years following a career in investment banking. He described FIFA’s proposals as “a bad deal for FIFA’s Member Associations, a bad deal for football, and a bad deal for the long-term future of the game.”

World football’s governing body announced its plans on Tuesday to sell a significant minority stake in a new entity that it, as a non-profit organisation, is setting up to run its main events, such as the World Cups and Club World Cups. The proposals attracted significant backlash, including from federations UEFA (Europe), Concacaf (North and Central America) and the Asian Football Confederation (AFC), with the former threatening to boycott the World Cup unless the plans were abandoned.

Cordeiro, who also represented FIFA on the U.S. government’s World Cup task force for the 2026 tournament, wrote in a statement: “As a Senior Advisor to the FIFA President, a former banker, and a lifelong football fan, I cannot stand by while FIFA considers selling a stake in the World Cup.

“I had no involvement in this proposal, and I oppose it unequivocally.

“Football has been central to my life, and after more than 35 years in banking, I understand both the value of this asset and the consequences of giving part of it away. That is why this proposal should be rejected.”

Cordeiro alongside Infantino and President Donald Trump in 2025. (Doug Mills /POOL / AFP via Getty Images)

FIFA wants to sell a fifth of the new entity, called FIFA Forward Enterprises (FFE), to an investor group led by Thrive Eternal for $4.2billion (£3.1bn). This will then be distributed to those member associations who want to “participate” via a new funding scheme called FIFA Fast-Forward Programme (FFFP).

Cordeiro argued FIFA already has “extraordinary financial resources”, pointing to the $15billion revenue it generated during the 2022 to 2026 World Cup cycle, questioning the need for the sale of a stake in FFE to raise funds.

“If Member Associations believe additional investment is needed to develop the game, FIFA already has the financial capacity to provide that support from its existing resources,” he continued. “Against that backdrop, selling a permanent stake in football’s most valuable asset to raise $4.2billion makes little sense. It is mortgaging football’s future without any compelling justification.”

UEFA, Concacaf and the AFC all initially took issue with the consultation process regarding the plans, before announcing their rejections of the proposals on Thursday and Friday. FIFA released a statement on Friday insisting “nobody is trying to sell football” but stating it was pressing on with its proposals.

Are FIFA really trying to sell the World Cup? An expert explains

Chris Weatherspoon

Cordeiro was also critical of the transparency of the process and the unanswered questions it raised, which he argued was irresponsible governance. “Why this deal? Why now? What oversight exists? Who benefits? Was there a competitive process? What governance will be in place? What will investors ultimately gain, and at what cost to football?” Cordeiro wrote.

He continued: “This proposal has become a defining question for FIFA’s future. After careful consideration, I can no longer continue in my role as Senior Advisor to the FIFA President. I have therefore resigned with immediate effect.”

Cordeiro was appointed senior advisor to FIFA for global strategy and governance in September 2021. He was U.S. Soccer president between 2018 and 2020, before resigning amid backlash during the women’s national team’s equal pay lawsuit.

“It has been the privilege of a lifetime to serve FIFA for more than five years and to work alongside dedicated, principled people who care deeply about the game,” Cordeiro concluded. “I hope they, too, will speak up, because decisions of this magnitude should be made in the interests of football, not those who stand to profit from it.”

UEFA and Concacaf held separate meetings to discuss the plans on Thursday, and The Athletic reported Infantino’s future leadership of FIFA was questioned by federations during meetings.

“Nobody is selling football,” a FIFA statement read. “This is not something FIFA would ever entertain.

“Everyone has the right to express their opposition and to seek further clarification but no single entity can claim to represent all 211 MAs around the world.”

The Athletic has approached FIFA for comment on Cordeiro’s departure and statement.

Following Cordeiro’s departure and Friday’s statement from the AFC, UK Prime Minister Andy Burnham, who had already criticised FIFA’s proposals, described Infantino as the “wrong man” to lead world football’s governing body.

“This was an outrageous suggestion,” Burnham told reporters, in quotes carried by the BBC. “The idea that it could even be brought forward, in my view, shows that the FIFA general secretary is the wrong man to lead the organisation.”

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Joe Ward rescues career with valiant Artjom Kasparian win as Stevie McKenna and Sam Hickey take stunning one-punch finishes | Boxing News

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Joe Ward staved off disaster, beating Artjom Kasparian on a unanimous decision after 10 ferocious rounds at the 3Arena in Dublin.

Ward was a true amateur boxing sensation. At 17, all the way back in 2011, he became Ireland’s youngest ever senior European gold medallist.

Though he became an Olympian, misfortune dogged his amateur career, and his pro start was even worse. He dislocated his knee and lost his professional debut.

This fight at the 3Arena in Dublin was his first since 2024 and his ticket back to the big-time

Ward did begin like he’d never been away. He peppered Kasparian with sharp southpaw punching, popping shots into the body and the head. The Manchester-based hitter even picked up a nick by his right eye.

Kasparian stayed in front of his opponent though and in the third round consecutive right hooks to the jaw tested out Ward’s chin and the visitor would then test the home hero to his limit.

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Watch highlights of Joe Ward’s clash with Artjom Kasparian from Zuffa Boxing 10 in Dublin.

Kasparian refused to take a backwards step. Ward’s arms began to look tired and he leaned on in a clinch.

Kasparian’s solution was to keep on throwing and keep hitting out with heavy shots.

The visitor got himself onto the front foot at the start of the fourth round, landing a double jab and snagging Ward as he stepped in.

Ward rapidly tired, punching with just his arms, his feet rooted to the spot, his head available to be hit. That is not the place to be against a big puncher like Kasparian.

Kasparian kept up a strong assault through the middle rounds of the fight. He was, at times, pummelling Ward and it looked like the Irishman was on the brink of disaster.

But, as well as talent, Ward has heart. He pulled it back, and brought in strong backhands to repel Kasparian in the seventh round.

Ward pounced on the opportunity, getting a second wind. He bounced a one-two off Kasparian’s head in the eighth round and started to dictate the action.

Under pressure Kasparian almost fell through the ropes and the crowd wildly cheered for Ward.

In the ninth round, Ward screwed his right in and slammed his left down again. Kasparian, though, hacked at him with left hooks.

Ward popped in a clean, accurate left cross and Kasparian staggered back a step. He harried Kasparian with a sustained combination before the round was up.

Kasparian banged in a one-two but Ward, marked under his right eye, managed to trade with gusto. Kasparian tried to reel away, but Ward kept on throwing, catching him.

Fiercely determined Kasparian slugged back, but Ward answered in kind and raised both arms in the air at the final bell.

Stevie McKenna, with older brother Aaron starring in the main event, got a memorable evening for his family off to a sensational start.

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Stevie McKenna stopped Owen O’Neill with a devastating right hand in the opening round of their contest at Zuffa Boxing 10.

He stormed out to meet Owen O’Neill, loomed over his opponent, and slung out heavy punches. O’Neill hopped backwards, hoping to ride out the storm. But McKenna did not relent. He stayed on his prey, whacking him with a massive left hook and continuing to strafe him with wide-arm punches.

O’Neill was left with little option but to tuck up beneath the onslaught. That though was just an invitation for trouble. A one-two from McKenna lanced down and a right cross sent O’Neill flying off his feet, crashing down on the canvas. He had to be stopped there and then in the first round.

Slick Scottish middleweight prospect Sam Hickey scored a second consecutive victory with a monstrous one-punch finish.

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Sam Hickey’s huge right hand knocked out Brad Axe in the seventh round of their contest.

Brad Axe was a competitive opponent, digging in and firing back when Hickey clipped him.

In the third round Hickey stepped in and short right to the side of the head dropped Axe to a knee. The bell though rang to save him.

But Axe kept himself in the fight and caught Hickey in return. Regularly though Hickey finished rounds strongly, driving Axe into the ropes only for the bell to call him off.

Hickey though finished matters at the start of the seven round, Axe bounced in and a booming right greeted him, spinning him round as he flopped down to the canvas. The towel immediately came in as Axe suffered a heavy stoppage.

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Watch highlights of Sam Hickey’s clash with Brad Axe from Zuffa Boxing 10 in Dublin.

Romania’s Daniel Buciuc managed to get through six rounds with Louis Greene, though was in severe trouble in the closing seconds of the bout.

After a quiet first round, Greene closed down Buciuc’s space, hammering his body with hooks. He brought hard, chopping shots through the middle jolting the Romanian.

Buciuc soon was trying to move off but he couldn’t keep himself clear. Greene took him to the ropes and Buciuc had to endure salvoes of punchers, hefty uppercuts jolting him.

He attempted to tie up Greene but that left him open to the Briton’s overarm right.

Buciuc was hanging on as Greene shook him up in the final half-minute of the contest. With his legs loosening, Buciuc still kept himself upright and got through to the final bell, Greene winning 59-55.

Connor Coyle took a unanimous points decision win after a bruising 10 rounds with the USA’s Mark Beuke. The man from Derry put himself in the ascendancy in the early going of the bout, teeing up some solid right hands that blasted straight into Coyle.

Coyle picked up a cut early in the fight (Photo: Ed Mulholland/Zuffa Boxing)
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Coyle picked up a cut early in the fight (Photo: Ed Mulholland/Zuffa Boxing)

But the American took his power and a cut opened by Coyle’s right eye to complicate his evening’s efforts.

Beuke stood his ground and kept Coyle honest with heavy hooks that he managed to land with either hand. But his successes came as single blows. Coyle worked better combinations and made sure he finished their exchanges with accurate punching.

Coyle finished the bout bleeding from the nose, but reeling off straight punches to push Beuke back, winning 98-92, 98-93 and 97-93.

Patrick O’Connor, a top American cruiserweight prospect with Irish roots, made short work of Spain’s Juan Manuel Moriel.

Measured with his jab, O’Connor quickly took control. He lashed a right over and began to work the body as he ramped up his attack. The American finished a blazing combination of hooks to Moriel’s trunk with a left hook to the head.

Patrick O'Connor maintains his winning run. (Photo: Cooper Neill/Zuffa Boxing)
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Patrick O’Connor maintains his winning run. (Photo: Cooper Neill/Zuffa Boxing)

With O’Connor about to move through the gears, the bout was stopped after the first round, Moriel citing a shoulder injury as he stayed on his stool.

The American remains unbeaten in four pro fights, all of those wins coming inside the distance.

Watch Aaron McKenna and Etinosa Oliha fight for the IBF world middleweight title in Dublin on Saturday, live on Sky Sports. Get Sky Sports or stream boxing with no contract.

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Live Commentary – Valencia vs Newcastle

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Full Time
After Extra Time
This is a live match.
Extra Time
Half Time

Valencia
vs Newcastle United. Friendly Matches.

Mestalla.

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St Mirren 1-0 St Johnstone

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Highlights from the Scottish Premiership match between St Mirren and St Johnstone

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