Top FIFA officials distance themselves from Infantino's World Cup sell-off plan

Two senior FIFA executives have distanced themselves from their boss Gianni Infantino’s failed plan to sell stakes in future World Cup profits to private investors

GENEVA -- Two senior FIFA executives — coaching great Arsène Wenger and CEO-like secretary general Mattias Grafström — distanced themselves Tuesday from their boss Gianni Infantino’s failed plan to sell stakes in future World Cup profits to private investors.

Wenger said in a statement he knew nothing of the $20 billion plan and that it was “absolutely necessary” to drop the proposal, and Grafström sent an email to all FIFA staff — seen by The Associated Press — calling the last week a “sad and reproachable series of events.” He also said it created “turmoil which is difficult to comprehend and accept.”

Neither directly named Infantino or offered support for the now-embattled president.

The three executives are respected and trusted figures among the 211 FIFA member federations who now hold sway over Infantino's grip on a presidency that looked unshakeable after the World Cup ended barely two weeks ago.

Wenger, Grafström and Lamour also were named in a letter from UEFA’s lawyers to Infantino among 18 executives whose data and communications should be retained as potential evidence.

“You do not need to worry,” Grafström wrote Tuesday to the hundreds of FIFA staff based mostly in Zurich and Coral Gables, Florida. “I assure you that you as members of the administration, you will be defended and safeguarded from the political context we currently experience.”

Wenger, who was hired by Infantino in 2019 and is FIFA’s Chief of Global Football Development, said he was “not involved in this strategic plan and first became aware of the project through media reports.”

Infantino withdrew his $20 billion proposal early Saturday after a furious backlash by global soccer officials, including European body UEFA warning of a boycott of all FIFA games and events.

The plan would have created a subsidiary — known as FIFA Forward Enterprise (FFE) — to run the money-making parts of the not-for-profit soccer body’s work: organizing tournaments like the World Cup, selling broadcasting and sponsorship rights, tickets and hospitality.

It proposed raising $4.2 billion from investors by selling stakes amounting to about 20% in FFE, based on an equity valuation of $20 billion. The “anchor investor” would have been Thrive Eternal, launched by Joshua Kushner, whose brother Jared Kushner is a son-in-law of U.S. President Donald Trump.

“The decision to withdraw the project was absolutely necessary and beyond questi