Infantino abandons plans to sell World Cup profits to private equity following massive pushback

GENEVA (AP) — FIFA President Gianni Infantino is abandoning his divisive plan to sell World Cup profits to private equity after receiving pushback from all corners of the soccer world.

Infantino’s decision came after his senior adviser who sat on a White House panel resigned and Asia’s soccer body joined Europe and North America in opposing it.

“Having listened carefully to all the views, it has become clear that the project has created divisions of a nature that, regardless of the level of support, are no longer in the interest of the objective set out in the first place,” Infantino said in a statement early Saturday. “Our purpose has always been — and will always be — to unite and improve. As a result, this proposal will not proceed.”

Infantino had proposed creating a $20 billion company to run the World Cup with private investors including the Kushner family, but drew backlash that grew every day since Tuesday’s announcement.

UEFA’s 55-member nations agreed to boycott the World Cup and all other FIFA competitions over Infantino’s plan on Thursday. North America’s CONCACAF and the Asian Football Confederation also said they opposed the plan.

“Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football. It always will. And so long as Europe has a voice, it will never be for sale.”

Infantino’s senior adviser, Carlos Cordeiro, a former Goldman Sachs banker who represented the soccer body on the White House Task Force for the World Cup, resigned on Friday and urged other senior FIFA staff to speak out.

“I cannot stand by while FIFA considers selling a stake in the World Cup,” Cordeiro said in a statement, just hours after FIFA insisted: “Nobody is selling football.”

Hours later, FIFA chief operating officer Kevin Lamour issued a statement to The Associated Press, saying FIFA staff were deceived by Infantino’s lack of openness in planning the sale over recent months and that the project must not continue.

“It is the project of one person,” Lamour, a longtime colleague of Infantino at both FIFA and European soccer body UEFA, wrote. “Not only must this project not go ahead … but the time has now come for football political leaders to ask themselves the right questions and make the right decisions.”

Infantino has proposed spinning off FIFA’s commercial businesses — including World Cups and Club World Cups for men and women — into a $20 billion subsidiary with 20% owned by private investors.

The “anchor investor,” described by FIFA, is a New York-based investment firm created by Joshua Kushner, the younger brother of U.S. President Donald Trump’s son-in-law, Jared Kushner.

The next FIFA competition is the Women’s Under-20 World Cup starting Sept. 5 in Poland — which UEFA members said they would boycott.

The misstep could prove costly for Infantino, particularly after the interventions by Lamour and Cordeiro.

Reelected unopposed in 2019 and 2023, Infantino is allowed one more four-year term under FIFA statutes. The deadline for the next presidential contest is Nov. 18, exactly four months ahead of the vote in Rabat, Morocco, where FIFA has its African headquarters.

Infantino’s job seemed secured despite long-term unease with his style and previous attempts to force through unpopular projects, but could become more tenuous with the failed private equity proposal.

AP Sports Writer John Marshall contributed from Phoenix.

AP soccer: https://apnews.com/hub/soccer and AP World Cup coverage

KYIV, Ukraine (AP) — Russia launched an intense barrage of ballistic missiles and drones overnight into Saturday, killing at least nine people and injuring 22 civilians in the Ukrainian capital Kyiv, Ukrainian authorities said.

The strikes came two days after a major Russian attack killed at least 10 people and injured more than 50 others across Ukraine, as Moscow apparently looks to exploit Kyiv’s critical shortage of Western-supplied anti-ballistic missile defenses. The relentless cycle of attacks dims the potential of reaching a diplomatic end to Russia’s more than 4-year-old invasion of its neighbor.

Russia’s defense ministry said Saturday it had launched a “massive strike” against “Ukrainian military-industrial complex facilities and logistics centers in Kyiv.”

A five-story residential building in the city’s Solomianskyi District was damaged by falling debris and a fire broke out. Rescue workers evacuated 35 people from the upper floors of the building and two people died, with eight reported injured, including two children, according to Ukraine’s state emergency service.

In the Darnytskyi District of Kyiv, seven people were killed and another 14 injured after the attack caused fires and damage to houses, vehicles, an administrative and non-residential building, the emergency services said.

Elsewhere, emergency workers extinguished a fire in a non-residential building in the capital’s Shevchenkivskyi district. There was no additional information about earlier reports by the district mayor that people were trapped in another residential building.

Damage to commercial and residential buildings was reported in two other city districts.

President Volodymyr Zelenskyy has pressed the United States and other Western partners over Ukraine’s need for more Patriot anti-ballistic missile defense systems to counter missile attacks from Russia.

The Ukrainian leader late Friday said he spoke to U.S. Vice President JD Vance and discussed a meeting with President Donald Trump earlier this week in Washington, which Zelenskyy described as “positive and productive.”

“The Russian air strikes on our country continue and air defense, specifically interceptors for Patriot systems against ballistic missiles, remains a top priority,” Zelenskyy said Friday in a post on Telegram.

At a NATO summit in Ankara in July, Trump said the U.S. would give Ukraine a license to make Patriot systems, but he appeared to move away from that commitment on Friday during a Cabinet meeting at the presidential retreat in Camp David, Maryland, saying he had not yet made a final decision on the matter.

From a basement shelter where she was taking cover as a second air alarm sounded for another wave, Liudmyla Nakonechna, 64, described how she was woken by loud explosions at 1:30 a.m.

“I ran into the corridor and was standing there when the bathroom door was blown off its hinges and struck me in the leg,” said Nakonechna, whose health is poor after undergoing cancer treatment. “I heard the sound of shattering glass. My balcony was covered in glass and it was completely blown apart, while the windows in my bedroom were also blown out.”

Nakonechna had not taken cover in a shelter since Russia’s full-scale invasion on Feb. 24, 2022, but the stress became too much, she said.

“It’s getting worse by the day,” Nakonechna said. “Whereas before there was an attack once every two weeks, or maybe once a week, now it happens practically every day. It is incredibly hard to bear this psychologically.”