{"id":854254,"date":"2026-08-11T14:36:09","date_gmt":"2026-08-11T14:36:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/854254\/"},"modified":"2026-08-11T14:36:09","modified_gmt":"2026-08-11T14:36:09","slug":"trump-world-cup-will-never-be-as-profitable-if-infantino-is-ousted","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/854254\/","title":{"rendered":"Trump: World Cup &#8216;will never be as profitable&#8217; if Infantino is ousted"},"content":{"rendered":"<p>FIFA President Gianni Infantino with President of the United States Donald J. Trump with the FIFA World Cup trophy during the FIFA World Cup 2026 Final match.<\/p>\n<p>Catherine Ivill &#8211; Ama | Getty Images Sport | Getty Images<\/p>\n<p>President Donald Trump leapt to the defense of FIFA chief Gianni Infantino on Monday, as the head of world soccer&#8217;s governing body faces pressure to resign following a failed attempt to sell stakes in the World Cup to private investors.<\/p>\n<p>Trump wrote in a Truth Social post late on Monday that FIFA would be &#8220;making a terrible mistake&#8221; if member associations move to replace Infantino. Should he depart, Trump said that the tournament &#8220;will never be as successful or profitable again!&#8221;<\/p>\n<p>Infantino was the driving force behind FIFA&#8217;s most recent commercialization push, which culminated in the <a href=\"https:\/\/www.cnbc.com\/2026\/07\/20\/world-cup-fifa-football-winner-tournament-spain.html\" rel=\"nofollow noopener\" target=\"_blank\">largest, most profitable<\/a> World Cup on record this year \u2013 hosted in the U.S., Canada and Mexico.<\/p>\n<p>But he was forced to apologize after his plans to <a href=\"https:\/\/www.cnbc.com\/2026\/07\/29\/world-cup-fifa-stake-sales-uefa-soccer.html\" rel=\"nofollow noopener\" target=\"_blank\">form a subsidiary<\/a> to run the tournament, which would have opened the door for investors to buy stakes of up to \u200b20% in a spinout firm, collapsed after widespread backlash across the sport.<\/p>\n<p>Trump&#8217;s backing came after regional soccer governing bodies \u2014 Europe&#8217;s UEFA, North America&#8217;s CONCACAF and the Asian Football Confederation \u2014 issued a joint letter accusing Infantino of breaking trust &#8220;through deception&#8221; with the aborted proposal.\u00a0<\/p>\n<p>&#8220;When trust is broken through deception, when an individual places himself above the collective that entrusted him with authority, that duty has been abandoned,&#8221; the federations wrote.<\/p>\n<p>&#8220;There remains no recognition that attempting to sell an interest in the FIFA World Cup was a profound failure of judgement \u2013 not just a procedural misstep, but a fundamental breach of trust with the very institutions FIFA exists to serve,&#8221; they added.\u00a0<\/p>\n<p>Not all of world soccer is united in opposition to Infantino&#8217;s premiership, however. The national federations of Argentina, Mexico and Qatar are among those to express public support for his continued leadership. <\/p>\n<p>Infantino&#8217;s close relationship with President Trump has been well-publicized and came under intense scrutiny during the 2026 World Cup.<\/p>\n<p>The failed plot to sell stakes to private investors was also backed by Joshua Kushner&#8217;s Thrive Capital, whose brother Jared is Trump&#8217;s son-in-law.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"FIFA President Gianni Infantino with President of the United States Donald J. Trump with the FIFA World Cup&hellip;\n","protected":false},"author":2,"featured_media":854255,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[161,49,48,1376,19200,82],"class_list":["post-854254","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-business-news","tag-ca","tag-canada","tag-donald-trump","tag-gianni-infantino","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/854254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=854254"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/854254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/854255"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=854254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=854254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=854254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}