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This article was first published on July 31, 2026 by NBC Los Angeles (KNBC) and curated for The Los Angeles readers.

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This story was reported by Graham Dunbar | The Associated Press at NBC Los Angeles (KNBC).

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FIFA's Infantino scraps World Cup private equity plan after massive pushback

Summary by The Los Angeles Editorial Desk · Byline on the source page: Graham Dunbar | The Associated Press, as published by NBC Los Angeles (KNBC) · July 31, 2026 · 1 min read

Photo: NBC Los Angeles (KNBC) · view original

A plan to sell profits from the World Cup has been dropped. This decision follows opposition from various parts of the soccer community. In Los Angeles, soccer fans may be interested to know that the proposal is no longer moving forward.

The president of FIFA made this announcement after considering different viewpoints. Further details about this decision can be found through NBC Los Angeles, including a statement from the FIFA president explaining the reasoning behind abandoning the proposal.

Why this matters

Local news anchors readers in their community — the people, places, and decisions that shape day-to-day life. The Los Angeles covers these stories because national outlets often won't.

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As published by NBC Los Angeles (KNBC). The Los Angeles surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit NBC Los Angeles (KNBC). Have a tip or correction? Contact our newsroom.

Category: local · Published: July 31, 2026 · Source: NBC Los Angeles (KNBC) · Reading time: 1 min

Summary created by	The Los Angeles Editorial Desk — automated, rule-governed
Byline on source page	Graham Dunbar \| The Associated Press, as published by NBC Los Angeles (KNBC)
Original story	Read at the source
Source published	Jul 31, 2026
Indexed here	Aug 1, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

FIFA's Infantino scraps World Cup private equity plan after massive pushback

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