Real Madrid Supports FIFA's Decision to Scrap Investment Plan

On Sunday, Real Madrid expressed approval of FIFA's decision to scrap its controversial plan to allow private investment in the World Cup. This decision came after FIFA President Gianni Infantino faced strong backlash from UEFA and various confederations.

Real Madrid stated, “Our club believes this is good news for football, for its institutions and, above all, for the millions of fans of our beloved sport.” The club thanked UEFA and other institutions for their collective opposition to the project, emphasizing that their unity had safeguarded football at a critical juncture. Earlier, on Tuesday, FIFA had announced plans to establish a commercial subsidiary to manage its major events, including the World Cup and Club World Cup, which would be open to private investment and could potentially raise $4.2 billion.

UEFA's opposition was significant, as they threatened to boycott all FIFA competitions, citing a loss of confidence in Infantino, who has faced mounting pressure recently.