FIFA PRESIDENT GIANNI INFANTINO ABANDONS PLAN TO SELL WORLD CUP PROFITS TO PRIVATE EQUITY AFTER BACKLASH. (PHOTO).
FIFA president Gianni Infantino abandons plan to sell World Cup profits to private equity after backlash FIFA President Gianni Infantino has abandoned a controversial proposal to sell a stake in the organization’s World Cup-related profits to private investors after facing strong opposition from soccer officials around the world. Infantino announced Saturday that the plan would not move forward, saying the proposal had created divisions that no longer aligned with FIFA’s goal of uniting and improving the sport. The plan called for the creation of a $20 billion company that would oversee FIFA’s commercial operations, including revenue from the men’s and women’s World Cups and Club World Cups. The proposed venture would have included private investors, including a New York-based investment firm founded by Joshua Kushner, the younger brother of Jared Kushner. The proposal drew criticism from soccer organizations across multiple regions. European soccer leaders said their nations woul...
The wife of the Vice President of the United Dr Jill Biden,is visiting Malawi currently after Ethiopia's visit and will head to Niger next in a trip that has her forcusing on women's rights,immigration and education.Dr Jill is touring the three African countries to promote girl's education and women's empowerment.Dr Biden started off her three-country visit to Africa in Ethiopia this past weekend for the first time,she talked in Addis Ababa during a graduation of the Girls can code program which teaches high school girls the essential computer technology and IT skills to aid them in attaining higher education.According to the second lady fewer than 2 percent of university STEM graduates in Ethiopia are females.''You're women of action.There's nothing you cannot do if you have confidence in yourself''.More photos below. 



Comments
Post a Comment