FIFA has issued an apology to its members regarding the recently withdrawn proposal to sell a 20% stake in a new commercial rights entity for the World Cup. The proposed deal, aiming to generate $4.2 billion from private investors, faced significant opposition and was ultimately abandoned last Friday. Following a crisis meeting in Morocco on Wednesday, FIFA’s leadership publicly reaffirmed its support for President Gianni Infantino. The apology acknowledged errors in the process surrounding the stake sale. This move aims to quell internal dissent and restore confidence within the organization. FIFA is now focused on moving forward and avoiding similar controversies in the future. The failed proposal highlighted concerns about the commercialization of the World Cup.

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