FIFA President Gianni Infantino's senior advisor quits as backlash grows over investment plan: 'Bad deal for football'
Carlos Cordeiro resigned as senior adviser to FIFA president Gianni Infantino on Friday, July 31, 2026.
Cordeiro opposed FIFA's plan to create a new commercial subsidiary valued at about $20 billion, with private investors buying a 20% stake.
The plan would transfer commercial rights for the men's and women's World Cups and Club World Cups to the new entity.
Lead investor identified as a New York-based investment firm founded by Joshua Kushner.
Cordeiro, former US Soccer president and Goldman Sachs banker, called the deal 'a bad deal for football' and urged its rejection.
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