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FIFA executive Arsene Wenger backs decision to drop Gianni Infantino's World Cup sell-off plan

Sport

FIFA executive Arsene Wenger backs decision to drop Gianni Infantino's World Cup sell-off plan
Sport

Sport

FIFA executive Arsene Wenger backs decision to drop Gianni Infantino's World Cup sell-off plan

2026-08-04 18:23 Last Updated At:18:30

GENEVA (AP) — FIFA executive Arsène Wenger on Tuesday distanced himself from Gianni Infantino’s failed plan to sell stakes in future World Cup profits to private investors and said it was “absolutely necessary” to drop the proposal.

Wenger’s statement on the controversy came after a letter from UEFA’s lawyers to Infantino threatening legal action named the French coaching great among 18 executives whose data and communications should be retained as potential evidence.

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

The statement by the former Arsenal coach did not name Infantino and comes after a weeklong furor across world soccer.

“The decision to withdraw the project was absolutely necessary and beyond question, because I firmly believe in an independent FIFA that serves our game with commitment, transparency, and integrity,” Wenger wrote.

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.

FIFA’s 211 member federations — already effective owners of the governing body as a nonprofit association under Swiss law — were offered $20 million each. The deadline to accept was Sept. 19.

They also were promised a doubling of their FIFA funding for the four years through 2030 to $20 million instead of the previously announced $10 million.

Infantino shared details of the project to FIFA management just one week after the July 19 final of the financially successful World Cup in North America that drove FIFA's revenues to $15 billion for the 2023-26 commercial cycle — almost double the income tied to the 2022 World Cup in Qatar.

Wenger said his FIFA duties were to “oversee the data analysis of the game, the FIFA online training centre, the development of youth education through 60 academies across 60 countries where they are most needed, and youth competitions around the world.”

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

FILE - FIFA President Gianni Infantino gestures as he meets the media at the FIFA World Cup closing press conference in Doha, Qatar, Friday, Dec. 16, 2022. (AP Photo/Martin Meissner, File)

FILE - FIFA President Gianni Infantino gestures as he meets the media at the FIFA World Cup closing press conference in Doha, Qatar, Friday, Dec. 16, 2022. (AP Photo/Martin Meissner, File)

FILE - FIFA president Gianni Infantino, right, and Arsene Wenger, Chief Officer (FIFA) and former soccer coach arrive for the Women's Euro 2025 quarterfinals soccer match between Sweden and England at Stadion Letzigrund in Zurich, Switzerland, Thursday, July 17, 2025. (AP Photo/Martin Meissner, File)

FILE - FIFA president Gianni Infantino, right, and Arsene Wenger, Chief Officer (FIFA) and former soccer coach arrive for the Women's Euro 2025 quarterfinals soccer match between Sweden and England at Stadion Letzigrund in Zurich, Switzerland, Thursday, July 17, 2025. (AP Photo/Martin Meissner, File)

LOS ANGELES (AP) — Foundations funded and co-founded by Leonardo DiCaprio and Jeff Bezos have launched an initiative committing $200 million to revive 100 of Earth's most threatened species, including endangered lemurs, salamanders, pangolins, pigs and echidnas.

DiCaprio's Re:wild and the Bezos Earth Fund are leading the Phoenix Species Project, the groups announced Tuesday. They call it the largest single fund in history dedicated exclusively to recovering critically endangered species.

DiCaprio has for years been developing the idea of a major concerted effort to help species whose habitats and future existence are threatened by climate change.

In 2021, he and Re:wild co-founder Wes Sechrest, a biologist who serves as the organization's CEO, met with the Amazon-founding mega billionaire Bezos and his wife, former TV news reporter and host Lauren Sánchez Bezos. He serves as chair and she as vice chair of the Bezos Earth Fund.

The meeting led to a series of conversations with local governments, environmental groups and Indigenous people on how best to reverse the decline of their most vulnerable species. Those conversations eventually led to the Phoenix Species Project.

Animals the initiative is seeking to sustain include:

- The golden-crowned sifaka, a lemur from Madagascar

- The Hickory Nut Gorge green salamander, a lungless tree-dweller that lives only in a small canyon in North Carolina.

- The Visayan warty pig, endemic to islands in the Philippines.

- Mexico's Cozumel harvest mouse, which lives only on an island off the Yucatán Peninsula.

- The pink land iguana, found only on Wolf Volcano in the Galápagos Islands.

- The Malayan pangolin, also known as the Sunda pangolin, native to Southeast Asia.

- Tanzania's pancake tortoise, named for its flat, flexible shell.

- The starry night harlequin toad, known and named for its black-and-white evening sky appearance, found only in the mountains of Colombia.

- Attenborough’s long-beaked echidna, a monotreme, or mammal that lays eggs, from New Guinea named in honor of the 100-year-old naturalist and narrator-of-nature David Attenborough.

The project’s goals include giving long-term sustenance to successful but fleeting smaller efforts.

“We’ve protected the golden-crowned sifaka for years on a budget that would never match what this species deserves, but letting it go extinct was never an option,” Tiana Andriamanana, executive director of Association Fanamby, one of the groups getting a grant from the initiative, said in a statement. “This funding, this global platform and technical support change what is possible.”

Jeff Bezos appears at the Vanity Fair Oscar Party in Los Angeles on March 15, 2026, left, Lauren Sanchez Bezos appears at Chanel's 16th Annual Pre-Oscar Awards Dinner in Beverly Hills, Calif., on March 1, 2025, center, and Leonardo DiCaprio appears at the Oscars in Los Angeles on March 15, 2026. (AP Photo)

Jeff Bezos appears at the Vanity Fair Oscar Party in Los Angeles on March 15, 2026, left, Lauren Sanchez Bezos appears at Chanel's 16th Annual Pre-Oscar Awards Dinner in Beverly Hills, Calif., on March 1, 2025, center, and Leonardo DiCaprio appears at the Oscars in Los Angeles on March 15, 2026. (AP Photo)

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