FIFA vows to continue with private investment plan despite industry opposition

In short:

FIFA has vowed to press ahead with an "open and democratic" consultation on a proposed private investment plan despite widespread opposition to the proposal.

Carlos Cordeiro, senior adviser to FIFA president Gianni Infantino, resigned with immediate effect on Friday in protest of the prospective sale.

What's next?

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 funding allocations.