The China Mail - Embattled FIFA chief Infantino holds emergency talks with directors

USD -
AED 3.672499
AFN 66.000053
ALL 81.82833
AMD 362.253747
ANG 1.790365
AOA 917.000187
ARS 1524.831011
AUD 1.436132
AWG 1.8025
AZN 1.696993
BAM 1.739471
BBD 2.012612
BDT 122.851565
BGN 1.683441
BHD 0.376674
BIF 3014.617269
BMD 1
BND 1.278867
BOB 12.006155
BRL 5.223899
BSD 0.99928
BTN 96.807044
BWP 13.814757
BYN 3.009846
BYR 19600
BZD 2.009677
CAD 1.42426
CDF 2310.000174
CHF 0.829025
CLF 0.024899
CLP 983.140104
CNY 6.70455
CNH 6.70724
COP 3308.89
CRC 457.878797
CUC 1
CUP 23.981287
CVE 98.071304
CZK 21.799202
DJF 177.940248
DKK 6.66509
DOP 59.662995
DZD 134.208961
EGP 52.425803
ERN 15
ETB 163.212801
EUR 0.89181
FJD 2.250801
FKP 0.755628
GBP 0.75575
GEL 2.604984
GGP 0.755628
GHS 11.735826
GIP 0.755628
GMD 73.497149
GNF 8790.241169
GTQ 7.636412
GYD 209.021333
HKD 7.847125
HNL 26.827891
HRK 6.719505
HTG 130.85359
HUF 327.971498
IDR 17917
ILS 3.05805
IMP 0.755628
INR 96.27425
IQD 1309.040455
IRR 1746539.499134
ISK 122.360144
JEP 0.755628
JMD 158.196211
JOD 0.708971
JPY 157.829723
KES 129.750029
KGS 87.449952
KHR 4053.1526
KMF 438.000213
KPW 900.000318
KRW 1343.129852
KWD 0.30921
KYD 0.83267
KZT 448.958718
LAK 22445.267647
LBP 89483.505439
LKR 330.453112
LRD 170.863165
LSL 16.707565
LTL 2.95274
LVL 0.60489
LYD 6.399481
MAD 9.927646
MDL 17.857175
MGA 4415.17204
MKD 55.052146
MMK 2099.456706
MNT 3596.082114
MOP 8.076685
MRU 39.93098
MUR 48.050213
MVR 15.45982
MWK 1732.714877
MXN 18.162405
MYR 4.087705
MZN 63.928417
NAD 16.707565
NGN 1327.550268
NIO 36.769055
NOK 9.600625
NPR 154.896092
NZD 1.78589
OMR 0.384497
PAB 0.999253
PEN 3.462758
PGK 4.525422
PHP 62.631009
PKR 276.770538
PLN 3.910595
PYG 5846.252368
QAR 3.642282
RON 4.753969
RSD 104.777007
RUB 84.668545
RWF 1479.943076
SAR 3.74627
SBD 8.078071
SCR 13.759762
SDG 601.496179
SEK 10.036705
SGD 1.279805
SHP 0.75503
SLE 24.599729
SLL 20969.491881
SOS 571.110913
SRD 37.811501
STD 20697.981008
STN 21.791046
SVC 8.742946
SYP 13002.000254
SZL 16.704542
THB 33.669032
TJS 9.197848
TMT 3.5
TND 2.977543
TOP 2.40776
TRY 49.162499
TTD 6.775561
TWD 31.758503
TZS 2637.164024
UAH 44.962977
UGX 3987.245794
UYU 40.271978
UZS 11785.633285
VES 865.47815
VND 26002.5
VUV 119.46017
WST 2.788611
XAF 584.988999
XAG 0.016186
XAU 0.000239955176
XCD 2.70255
XCG 1.800887
XDR 0.707052
XOF 584.988999
XPF 106.071589
YER 236.295879
ZAR 16.665015
ZMK 9001.20058
ZMW 19.635154
ZWL 321.999592
SSP 5712.591527
MXV 2.053694
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Embattled FIFA chief Infantino holds emergency talks with directors
Embattled FIFA chief Infantino holds emergency talks with directors / Photo: © AFP

Embattled FIFA chief Infantino holds emergency talks with directors

President Gianni Infantino held emergency talks with other FIFA directors in Morocco on Wednesday, a source told AFP, amid a wave of criticism over his now shelved plan to open the World Cup to private investment.

Text size:

Infantino has come under increasing pressure, even from within FIFA, over his handling of the proposal, and calls for him to step down have grown since he abandoned it last Saturday.

One of those believed to be at the meeting is FIFA's secretary-general Mattias Grafstrom, whose internal email to staff criticising the plan was leaked on Tuesday.

Infantino, a 56-year-old Swiss lawyer -- who is holding the meeting in FIFA's Africa regional office in Sale close to Rabat -- was in Morocco to celebrate last week's Feast of the Enthronement.

Morocco is to co-host the 2030 World Cup and Moroccan Football chief Fouzi Lekjaa is one of the few to have publicly supported Infantino since the humiliating climbdown.

Lekjaa last Saturday had praised his "wise" move to scrap the plan in the interests of "unity and cohesion".

He reiterated his backing for Infantino for "all the initiatives aimed at the development of world football" during his 10 years in charge.

Infantino had been basking in the warm afterglow of a highly successful World Cup -- the largest ever with 48 teams and co-hosted by three countries, Canada, Mexico and the US.

His wish to serve a fourth and final term looked likely to be rubber-stamped in Rabat next March -- no other candidate had come forward to challenge him.

However, Tuesday last week all that faded.

FIFA, world football's governing body, floated the plan, saying it could raise up to $4.2 billion based on a valuation of $20 billion for a new commercial subsidiary, called the FIFA Forward Enterprise (FFE), which it proposed would run events such as the World Cup and Club World Cup.

It said that, if approved, the project could provide each of FIFA's 211 member associations with a one-off payment of $20 million in early 2027, and increase their funding allocation for the 2027-2030 cycle from $8 million to $20 million.

- 'Sad and reproachable' -

Instead of acting as a sweetener it produced a furious backlash, with European football's governing body UEFA resorting on Thursday to the nuclear option of boycotting the sport's jewel in the crown, the World Cup.

By Saturday Infantino held his hands up and withdrew the plan.

"Our purpose has always been -- and will always be -- to unite and improve," said Infantino.

If he had hoped for that to be sufficient to shore up his authority he was to be swiftly disabused.

UEFA termed the proposal a "shabby, back room, opaque deal" hatched by Infantino.

"The current FIFA leadership has not only lost UEFA's confidence but also that of many other members of the football family," UEFA said in a statement.

North and Central American football's governing body CONCACAF went further still and called for "a comprehensive reckoning with this presidency" while slamming Infantino's "poor governance and leadership".

Grafstrom's leaked email only added fuel to the fire.

He described the fiasco surrounding the proposal as "a sad and reproachable series of events".

He added: "Individuals, unstable moments and unfortunate episodes come and go. The institution, its mission and its responsibility towards world football continue."

Z.Huang--ThChM