FIFA President Gianni Infantino sought support from the Trump administration after his plan to sell a stake in World Cup commercial rights collapsed amid criticism. The New York Post reported Infantino felt "isolated" and a scheduled call with US Secretary of State Marco Rubio was denied by a State Department official.
The head of Europe's professional football leagues, Claudius Schafer, stated FIFA President Gianni Infantino's position is untenable after his failed plan to sell World Cup commercial rights sparked widespread protest and a lack of transparency within FIFA.
FIFA President Gianni Infantino faces growing calls for his removal after withdrawing a $20 billion private investment plan for the World Cup. European, North American, and Asian football confederations, along with internal FIFA staff, expressed no confidence, citing poor governance and a pattern of missteps.
Documents seen by the BBC reveal why Fifa's controversial plan to part-privatise the World Cup, aiming for American football-level revenues, ultimately failed. The proposal, which included $1,000+ tickets and paywalls, collapsed due to flawed financial arguments, concerns over power transfer, and unanswered questions about funding distribution to member associations.
Documents seen by the BBC reveal why FIFA's controversial plan to part-privatize the World Cup, creating Fifa Forward Enterprise (FFE) for $4.2bn, failed. The proposal faced scrutiny over its revenue claims, transfer of power, funding distribution to member associations, and unanswered questions about its financial model and investor returns.
Air France-KLM et Lufthansa ont déposé des offres pour une participation minoritaire dans TAP Air Portugal, avec des plans stratégiques pour son développement et celui du Portugal.
Andy Burnham's vision for 'stronger public control' over water and energy faces complexities. While Welsh Water's not-for-profit model offers insights, its performance is mixed. Nationalizing large utilities like Thames Water or energy firms presents significant financial and operational hurdles, suggesting a pragmatic approach focusing on enhanced local authority involvement may be more feasible.
A new policy paper, 'The Productive State,' proposes a 'Manchesterism' approach, advocating for the government to take over failing utilities through a 'bonds for shares' scheme and establish state competitors. Authored by Mathew Lawrence, close to Andy Burnham, the blueprint aims to address the UK's productivity struggles and the cost of living crisis by treating essential services as public rights rather than revenue streams.
Jamaican activists are fighting against "plantation tourism," where luxury all-inclusive resorts lock locals out of beaches like Mammee Bay. They argue this model, rooted in colonial land ownership, benefits elites while denying communities access to vital social, economic, and spiritual spaces.
Cricket Victoria will sell one of its two Big Bash League (BBL) teams, the Melbourne Stars or Renegades, to international investors as part of cricket's privatisation. The remaining franchise will operate under Cricket Victoria, potentially reviving the 'Bushrangers' name.
Hong Kong authorities plan a three-year reform for the struggling Hongkong Post, considering options like privatization or departmentalization. A HK$4.6 billion cash injection aims to buy time for this comprehensive review of its operating model.
Hedge fund Elliott Investment Management, led by billionaire Donald Trump donor Paul Singer, is in talks to rescue UK water company Thames Water. Critics fear the deal could allow pollution and prioritize profit over infrastructure, while the government seeks to avoid a market meltdown.
L'opposition parisienne prône la privatisation totale de la collecte des déchets et du nettoiement des rues pour résoudre les problèmes de propreté de la capitale. Grégory Canal, coprésident de "Paris liberté", critique le plan du maire socialiste et propose une "révolution copernicienne" avec des économies à la clé.
Cricket Australia faces internal unrest following the failed BBL privatisation, impacting national contracts and player satisfaction. Senior players are reportedly hesitant to sign due to financial terms and a desire for overseas league flexibility, with concerns over pay disparity and lucrative international offers shifting priorities.
Cricket Australia faces internal unrest following the failed BBL privatisation, impacting national contracts and player satisfaction. Senior players are reportedly hesitant to sign due to financial terms and a desire for overseas league flexibility, with concerns over pay disparity and lucrative international offers shifting priorities.
DÉCRYPTAGE - Publié mardi, le rapport du député Charles Alloncle regroupe aussi les contributions des groupes politiques, qui y dévoilent leurs pistes pour transformer l’audiovisuel public.
The Tell Sid campaign promised to make the working man rich, but in reality the selling of public assets made us all poorerIn the summer of 1987, as life in Britain was being steadily reshaped by Margaret Thatcher, I landed a temporary job as an electrician’s mate in a steel-drum factory. I was a truly useless assistant, and justified my existence by singing songs to entertain my boss as he worked. As I recall, by the time I left Stuart had come round to quite liking Bob Dylan, but still had no time for the gothic gloominess of the early Cure.While I handed him tools he didn’t need, and failed to locate the ones he did, we occasionally talked about politics. Stuart was a gentle man in his mid-20s, already married and hoping to buy a house. He was also, it turned out, a cautious believer in Thatcher’s promise of a “people’s capitalism” in which working people would get a piece of the action. Prior to my coming to “help” him, he was one of the millions who had responded to the previous year’s Tell Sid ad campaign and bought shares in newly privatised British Gas. Continue reading...
India is considering capping bids by single entities in its upcoming airport privatisation plan for 11 airports to prevent market concentration and potential monopolies, following concerns raised by past events.
Au lendemain du vote du rapport de Charles Alloncle, Jérémie Patrier-Leitus a fustigé que le député ciottiste n’ait «pas dit clairement son objectif politique» derrière cette commission d’enquête, qui est, selon lui, la privatisation de l’audiovisuel public.
Sale of vocational training brand and million-pound executive pay deals now subject to Charity Commission inquiryWhen electrician Charlie Butler was contacted by City & Guilds last autumn, he received a shock.He had branched out to launch a new company schooling future sparkies in Essex, offering City & Guilds-affiliated courses and qualifications. When the representative from the training charity called, Butler was expecting a quick conversation about a small uptick in the annual fees. Continue reading...
