Saudi Football Federation Welcomes Infantino's Acknowledgment of FFE Proposal Error
The Saudi Football Federation's board has welcomed the joint statement from Gianni Infantino and Matthias Grafström concerning the retraction of the 'FFE' proposal, which aimed to allocate 20% of the commercial revenues from the World Cup and FIFA tournaments to private investment funds.
The international statement included an acknowledgment of an error in the proposal, along with a confirmation that it will not proceed with its implementation, as well as a review of the related procedures in the upcoming period.
The council praised FIFA's commitment to benefiting from the incident, developing work and communication mechanisms, and strengthening governance principles, which reinforces transparency and builds trust within the football system.
The Saudi Football Federation has stressed the importance of expanding channels for direct and constructive dialogue among various parties in the game, especially given the differing viewpoints within the international football framework.
The council confirmed that elevating football on a global scale requires unity and cooperation among international, continental, and national federations, prioritizing the interests of the game, players, and fans.
The Saudi Football Federation expressed its appreciation for the role of Sheikh Salman Al Khalifa, President of the Asian Football Confederation, in serving the interests of Asian football, reaffirming its commitment to continued fruitful cooperation with the continental federation.
The FIFA Board has renewed its support for Gianni Infantino, commending his nearly decade-long efforts to strengthen the unity of the football family, develop the game, and expand its global reach.
The Saudi Federation pointed out the successes witnessed in the last three editions of the World Cup, considering that they reflected the international system's ability to work in a unified spirit to serve football.
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