FIFA has decided to abandon a plan to allow private investment in the World Cup. The proposal had faced strong opposition from member nations. The plan, known as FIFA Forward Enterprise, would have involved creating a company to handle commercial rights and event operations.

A portion of this company was to be sold to private investors. Further details about the plan and its cancellation are available from the source, including a statement from FIFA President Gianni Infantino. The decision comes after the proposal was met with significant backlash from the soccer community.